19 January 2023, Mumbai
American Eagle has opened a store in Calicut. The company is expanding its retail presence in the country through franchisees, with plans to add another 50 stores in India over the next three years.
American Eaglehas entered India through an agreement with Aditya Birla Fashion and Retail. The company made its debut in the Indian market in June 2018 with its first store launched in Noida.
Based in the United States, American Eagle Outfitters is a global specialty retailer offering clothing, accessories, and personal care products. The company was founded in 1977. Currently, American Eagle operates over 1,000 stores in the US, Canada, Mexico, China, and Hong Kong, and ships to more than 85 countries worldwide. American Eagle Outfitters and Aerie merchandise (an intimate apparel and lifestyle retailer and sub-brand owned by American Eagle Outfitters) are also available at more than 200 international locations operated by licensees in 24 countries. For the second quarter of fiscal year 2022, the retailer had total net revenue of $1.2 billion, and the Aerie business recorded $372 million in revenue, up by 11 per cent from last year.
Founded in 1997, Aditya Birla Fashion and Retail is an Indian fashion retail company based in Mumbai with a network of more than 3031 stores with a presence across 25,000 multi-brand outlets.
