American Eagle Outfitters to Sell Bluenotes

Warrendale, Pa., American Eagle Outfitters has entered into a definitive agreement to sell its Bluenotes retail apparel business to a private company controlled by Michael Gold, owner of YM Inc., a Canadian retail company.

"With the sale of Bluenotes, we can now devote our attention to expanding the AE brand in the United States, Canada and worldwide. We are well-positioned to focus on the development of our next U.S. retail concept, which will drive additional growth," said Jim O’Donnell, CEO, American Eagle Outfitters.

Recommended stories

Login or Register to post a comment.