American Eagle Outfitters to Open Stores Throughout Israel
American Eagle Outfitters, Inc. (NYSE: AEO) today announced that its first store in Israel will open to the public on Thursday, February 2, at Ramat Aviv Mall, in Tel Aviv. Ten additional stores are planned over the next month, in locations such as The Big Mall in Petach Tikva, Kiryat Ono Mall, and Mall of Haifa. The franchise stores will be operated by Fox-Wizel Ltd., a leading retailer and wholesaler in the region.
AEO has been expanding its international presence for the past three years, now with 21 stores in 10 countries, partnering with retail experts in each region. Today, there are franchise stores open in Russia, China, Hong Kong and various cities throughout the Middle East. The first stores in Japan are slated to open in the coming months.
