112 West 34th Street
New York, NY 10120
May 2016 Summary: On
May 4, 2016 AÃ©ropostale, Inc. filed voluntary petitions under
of the U.S. Bankruptcy Code in the United States
Bankruptcy Court for the Southern District of New York. The
Company expects to use the Chapter 11 process to optimize its
store footprint, access additional tools to shed or renegotiate
burdensome contracts, resolve its ongoing disputes with Sycamore
Partners and achieve long-term financial stability. The Company
intends to emerge from the Chapter 11 process within the next
six months as a standalone enterprise with a smaller store base,
increased operating efficiencies and reduced SG&A expenses.
Learn more about
AÃ©ropostale Chapter 11 filing.
October 2013 Summary: Aéropostale,
Inc., together with its subsidiaries, operates as a mall-based specialty
retailer of casual apparel and accessories. It provides a collection of
apparel, including graphic t-shirts, tops, bottoms, sweaters, jeans, outerwear,
and accessories for 14 to 17 year-old young women and men. The company also
offers casual clothing and accessories focusing on kids between the ages
of 4 and 12. As of July 1, 2013, it operated 898 Aeropostale stores in 50
states and Puerto Rico, 78 Aeropostale stores in Canada, and 132 P.S. from
Aeropostale stores in 28 states and Puerto Rico. In addition, Aéropostale,
Inc. markets its products through its Websites, www.ps4u.com, and www.aeropostale.com,
as well as, its licensees operate 29 Aeropostale stores, and 1 Aeropostale
and P.S. from Aeropostale combination store in the Middle East, Asia, and
Europe under various licensing agreements. The company was formerly known
as MSS-Delaware, Inc. and changed its name to Aéropostale, Inc. in
February 2000. Aéropostale, Inc. was founded in 1987 and is headquartered
in New York, New York.
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