NYSE:AEOSpecialty Retail
American Eagle Outfitters Reshapes Fulfillment And Brand While Shares Trade Below Targets
American Eagle Outfitters (NYSE:AEO) is closing its Quiet Logistics business, leading to fulfillment center closures and layoffs.
The company acquired Quiet Logistics in 2021 and is now winding it down as part of a shift in how it manages order fulfillment.
At the same time, American Eagle Outfitters is launching a five year global ambassador partnership with international football player Lamine Yamal.
The Quiet Logistics exit and the high profile marketing deal are expected to influence how...