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ABG acquires Nautica from VF Corporation

Related Keywords: Aeropostale, Authentic Brands Group, clothing brand, Nautica, retail sales split of 50 percent international and 50 percent domestic and reaching 10 billion dollars in annual retail sales by 2020, Spyder, VF Corporation

Jamie Salter, chairman and CEO of ABG said that, "Nautica comes at an important time in ABG’s development as we are placing a significant emphasis on international business.” The intention is to make Authentic Brands more international, “This acquisition brings us that much closer to our goal of achieving a retail sales split of 50 percent international and 50 percent domestic and reaching 10 billion dollars in annual retail sales by 2020.”

Aeropostale team up with Arvind group to enter into Indian market

Related Keywords: Aeropostale, aim standalone stores, American mall based specialty retailer, Arvind Group, Arvind Lifestyle, brand know for Jeans, collaborate with Textile major, fashion brand, hoodies and t shirts, launch first flagship store, shop in shop locations

Aeropostale is primarily an American mall-based specialty retailer of casual apparel and accessories targeting young women and men through its brand known for its jeans, hoodies and t-shirts. It now aims to have approximately 30 standalone stores and 25 shop-in-shop locations in the next three years for which it has collaborated with Textile major, Arvind Group firm Arvind Lifestyle to launch its first flagship store in capital of India.

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