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63 Madison Ave., where American Eagle Outfitters is taking 338K SF. The company has signed a deal for more than 338K SF at 63 Madison Ave. in a complex set of transactions.
In 2022, American Eagle reported $5 billion in annual net revenue. This year, the company reached record Q3 revenue of $1.3 billion, up 5% compared to last year.
I visited American Eagle's NYC concept store, which showcases lesser-known brands like Aerie, Offline, and AE77 jeans. Now I get why the company is drawing in teens and moms alike.
According to the company's quarterly report, American Eagle generated revenue of $725 million, an 8% increase, while the Aerie side of the business achieved $373 million, a more modest 4% increase.
American Eagle Outfitters was founded with one store in Novi, Michigan in 1977. Today, the company has more than 1,000 stores and 40,000 associates worldwide. American Eagle’s other Lehigh ...