NEW YORK--(BUSINESS WIRE)--March 8, 2007--Aeropostale, Inc. (NYSE:
ARO), a mall-based specialty retailer of casual and active apparel for
young women and men, today announced that it has appointed Ms. Mindy
C. Meads as President and Chief Merchandising Officer.
Julian R. Geiger, Chairman and Chief Executive Officer said, "We
are thrilled to have someone of Mindy's caliber join Aeropostale as
President and Chief Merchandising Officer. She has a tremendous level
of knowledge of the retail industry, with expertise spanning
children's, juniors, women's and men's apparel. Mindy has strong
experience in creating and implementing the type of merchandise and
operating strategies that will enable us to continue to build our
brand, our systems, and our culture."
Ms. Meads commented, "Joining Aeropostale presents a unique
opportunity for me to be President of a successful and quickly growing
company with a wonderful history and a special culture. It is exciting
for me to be able to return to the teen business, one of my favorite
market segments. It is equally exciting to be reunited with Julian
Geiger, because our approaches to the business have always been quite
similar. I am just so happy to be joining Aeropostale."
Ms. Meads has more than 30 years experience in the retail
industry, most recently serving as President of Victoria's Secret
Direct, a division of Limited Brands, Inc. From 1998 to 2005 she
served in senior executive positions at Lands' End, Inc./Sears Holding
including President and Chief Executive Officer, Executive Vice
President Sears Apparel and Executive Vice President Lands' End
Apparel and Sourcing. Prior to that Ms. Meads was Senior Vice
President Merchandising, Design, Planning & Allocation at Gymboree
Corporation. From 1991 to 1996 she served as Senior Vice President
Merchandising, Design and Vice President General Merchandise Manager
for Lands' End. Early in her career, Ms. Meads also held a number of
positions of increasing responsibility at R.H. Macy & Company, Inc.
overseeing Women's Apparel as Senior Vice President Macy's South and
overseeing Junior, Women's Plus Size and Children's Apparel as Vice
President Merchandise Administrator.
Mr. Geiger concluded, "Mindy's proven track record of strong
leadership and vision will be an asset to our Company moving forward.
We anticipate that she will be a meaningful contributor to
Aeropostale's future success and she is a significant addition to our
executive management team."
About Aeropostale, Inc.
Aeropostale, Inc. is a mall-based, specialty retailer of casual
apparel and accessories, principally targeting 14 to 17 year-old young
women and men. The company provides customers with a focused selection
of high-quality, active-oriented, fashion and fashion basic
merchandise at compelling values. Aeropostale maintains control over
its proprietary brands by designing, sourcing, marketing and selling
all of its own merchandise. Aeropostale products are currently
purchased only in its stores, on-line through its e-commerce website
(www.aeropostale.com) or at organized sales events at college
campuses.
The company currently operates 728 Aeropostale stores in 47 states
and 14 Jimmy'Z stores in 11 states.
SPECIAL NOTE: THIS PRESS RELEASE AND ORAL STATEMENTS MADE FROM
TIME TO TIME BY REPRESENTATIVES OF THE COMPANY CONTAIN CERTAIN
"FORWARD-LOOKING STATEMENTS" CONCERNING EXPECTATIONS FOR SALES, STORE
OPENINGS, GROSS MARGINS, EXPENSES, STRATEGIC DIRECTION AND EARNINGS.
ACTUAL RESULTS MIGHT DIFFER MATERIALLY FROM THOSE PROJECTED IN THE
FORWARD-LOOKING STATEMENTS. AMONG THE FACTORS THAT COULD CAUSE ACTUAL
RESULTS TO MATERIALLY DIFFER INCLUDE, CHANGES IN THE COMPETITIVE
MARKETPLACE, INCLUDING THE INTRODUCTION OF NEW PRODUCTS OR PRICING
CHANGES BY OUR COMPETITORS, CHANGES IN THE ECONOMY AND OTHER EVENTS
LEADING TO A REDUCTION IN DISCRETIONARY CONSUMER SPENDING;
SEASONALITY; RISKS ASSOCIATED WITH CHANGES IN SOCIAL, POLITICAL,
ECONOMIC AND OTHER CONDITIONS AND THE POSSIBLE ADVERSE IMPACT OF
CHANGES IN IMPORT RESTRICTIONS; RISKS ASSOCIATED WITH UNCERTAINTY
RELATING TO THE COMPANY'S ABILITY TO IMPLEMENT ITS GROWTH STRATEGIES,
AS WELL AS THE OTHER RISK FACTORS SET FORTH IN THE COMPANY'S FORM 10-K
AND QUARTERLY REPORTS ON FORM 10-Q, FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION. THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE OR
REVISE ANY FORWARD-LOOKING STATEMENTS TO REFLECT SUBSEQUENT EVENTS OR
CIRCUMSTANCES.
CONTACT: Aeropostale, Inc.
Kenneth Ohashi, 646-452-1876
VP, Investor & Media Relations
kohashi@aeropostale.com
or
Media Contact:
Financial Dynamics
Cara O'Brien/Leigh Parrish, 212-850-5600
SOURCE: Aeropostale, Inc.