(Filed Under Financial and General Interest News). Aerie, the intimate apparel brand, reported a sales increase of 32% over the same quarter last year. Meanwhile, parent company American Eagle Outfitters, the retailer of men’s and women’s apparel, reported a combined sales increase of 7%.
For the quarter ended April 30, 2016, the company earned $40.5 million on combined sales of $749.4 million compared to $29.1 million on sales of $699.5 million for the quarter ended May 2, 2015.
In the conference call to discuss the results, Aerie global brand president Jen Foyle said her division showed “strength across all our businesses.” The 32% growth in the latest quarter comes on top of a 26% rise its fourth quarter, and 20% overall growth for the brand in its last fiscal year.
Foyle credited the brand’s “Aerie Real,” advertising campaign, among other factors, in the growth. In response to a question about her successful bralette business, she boasted Aerie was “first and furious” in the category. She noted, however, that “customers are always evolving,” and that the company was “nimble” and planned to keep up with changes.
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