American Eagle Outfitters Expands Global Presence
December 04, 2013
Pittsburgh-based American Eagle Outfitters Inc. has further expanded its global presence in the Americas and Pacific Rim markets with three new multi-store licensing agreements. The agreements are with Grupo David Enterprises in Venezuela, the Caribbean Islands and Central America, which includes Panama, Costa Rica, Honduras, Guatemala, El Salvador, Nicaragua and Belize; Grupo Comercializadoras in Columbia; and Pacifica Lifestyle Co. in Thailand. According to Business Wire, stores will open beginning in the summer of 2014. American Eagle Outfitters currently has 62 licensed stores in 12 countries throughout Europe, Asia and Africa, and they expect to open 40 additional licensed stores in the next year. The company also operates more than 1,000 stores in North America, China and Hong Kong.