Data-driven insights that help companies navigate the changing retail and technology landscape. LEARN MORE
Flash Reports 2 minutesRegister for Free Access

Consortium Finalizes the Acquisition of Aéropostale

#
Coresight Research

Key Points

  • A consortium, which includes Authentic Brands Group (ABG,) General Growth Properties (GGP) and Simon Property Group (SPG,) announced it has finalized the acquisition of Aéropostale.
  • The consortium won the bankruptcy auction for the retailer with a $243.3 million bid earlier this month, after Aéropostale had filed for voluntary bankruptcy protection on May 4, 2016.
  • Following the acquisition, Aéropostale will still be sold in more than 700 retail locations worldwide. It generates more than $1 billion in global retail sales, including more than $800 million from the US.
Register for Free Access

Please Log In to read the full report. Not a member? Register for a free user account.

Other research you may be interested in:

[bibblio style="bib--white-label bib--font-arial bib--title-only bib--split bib--row-4 bib--size-14 bib--default" query_string_params="eyJyZWxhdGVkcG9zdHMiOiJyZWxhdGVkX3Bvc3RzIn0=" recommendation_type="optimised"]
×
Coresight Research

GET OUR DAILY INSIGHTS