Aeropostale expands into Chile

New York – Aeropostale Inc. plans to launch the Aeropostale and P.S. from Aeropostale brands in Chile through a licensing agreement with Sociedad Comercial Grupo Yes S.p.A. ("Grupo Yes").



Aeropostale's expansion plans in Chile include the opening of standalone stores, department stores and multi-brand stores in select locations across Chile beginning in spring 2015. The Company's first Aeropostale store is scheduled to open in Parque Arauco in Santiago in October. P.S. from Aeropostale stores are expected to open beginning in early 2015.



“We are excited to bring the Aeropostale and P.S. from Aeropostale brands to Chile as we continue to expand our international presence,” said Julian R. Geiger, CEO. “Chile represents a major step in extending our business into key Latin American markets. Chile's stable economy, and its consumers' strong appetite for the Aeropostale brand and our fashions, makes Chile an attractive retail market. We are pleased to be working closely with such an established partner as Grupo Yes as we execute our expansion plans for Aeropostale and P.S. from Aeropostale."