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Market Commentary on Aeropostale Inc.

Publication: M2 Presswire
Publication Date: 30-NOV-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 November 2006-Large Cap News: Market Commentary on Aeropostale Inc.(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:30112006

Market Commentary on Aeropostale Inc. (NYSE:ARO)

Aeropostale wants to fly high in the teen fashion world. The company operates about 670 mostly mall-based stores in some 47 states, offering casual clothing for young men and women. Aeropostale stocks the usual teen outerwear (jeans, T-shirts, accessories), mostly under the Aeropostale and Aero names. It designs and sources its own merchandise so that it can quickly respond to trends. The Aeropostale name originated from a 1920s airmail firm, Compagnie Generale Aeropostale. The brand was created by R.H. Macy & Co. in the 1980s and later made into a specialty store concept. Macy's parent company, Federated Department Stores, sold Aeropostale to its management and Bear Stearns Merchant Banking in 1998.

Shares were up 5% due to increased sales in November.

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