Aditya Birla Fashion and Retail Ltd Brings American Eagle Outfitters to India
Aditya Birla Fashion and Retail Ltd (ABFRL) brings American Eagle Outfitters (AEO) to India. A leading global specialty retailer offering high quality, on-trend clothing, accessories and personal care products, American Eagle Outfitters is set to spread its wings and carve a niche in the hearts of the fashion savvy and brand conscious Indian youth. Under this partnership, ABFRL intends to aggressively expand the reach of the brand in the next 3 years. It also plans to invest in retailing the AEO merchandise through the brands exclusive India website www.aeo.in
In August 2017, Aditya Birla Fashion and Retail had also entered into a multi-store retail and e-commerce license agreement with American Eagle Outfitters Inc.
India has the fastest growing youth market in the world with upwardly mobile consumers, who are driving demand for brands having international aesthetics and style. However there seems to be a paucity of choices when it comes to jeans. With the entry of American Eagle, ABFRL aims to fulfill the gap and corner a significant share of the country’s premium jeans wear market.
Commenting on the launch Sathyajit Radhakrishnan, President International Business, Aditya Birla Fashion and Retail Ltd. said, “American Eagle Outfitters is an iconic jeans brand from the US and we are excited to bring it to the fashion enthusiasts in India. The brand will add great value to our international portfolio and strengthen our position in the youth centric lifestyle space, giving our discerning customers a true taste of high-end fashion.”
“India’s rapidly developing and vibrant economy, anchored by the world’s largest youth population, provides an exciting growth opportunity for our brand to expand our global reach,” commented Andrew McLean, EVP-Global Commercial Operations, American Eagle Outfitters. He further added “Aditya Birla Fashion & Retail brings deep market experience and extensive retail capabilities, giving us a strong platform to deliver our leading AE jeans collections and casual American style to the growing market.”
Guillermo La Rosa, Vice President-International and Business Development, American Eagle Outfitters said “As a leader in the Indian retail market, ABFRL’s partnership gives us the platform to expand into one of the largest retail sectors in the world. With their retail expertise and aggressive growth plan, ABFRL will become one of our largest partners in our quest to become the No 1 global leader of denim brand.”