Global Retail Alliance
info@gra.world
  • Login
  • Register
  • Newsletter
  • Virtual Library
  • Choose your country
    • Australia
    • Brazil
    • China
    • Poland
    • Latin America
    • Middle East
GRAGRA
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • News
  • Events
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • News
  • Events
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact

Retail News

  • Home
  • Retail News
  • American Eagle to launch beauty business before the holiday season

American Eagle to launch beauty business before the holiday season

  • Categories Retail News, Top News
  • Date September 5, 2019
  • Comments 0 comment

American Eagle plans to launch a beauty business before the holiday season.

“We have a special name for it, a special kickoff and we’re going to surprise everybody so we’re not going to tell you now and it will be very exciting,” said CEO Jay Schottenstein on an call with analysts. “We’ve done some customer research it’s been very positive. We think this is a big opportunity for us to get into the beauty business.”

The company did not say whether or not the business will be internally developed or if it’s considering acquiring another brand. The U.S. prestige beauty industry reached $18.8 billion in 2018, a 6% increase over 2017, according to data from NPD Group.

Currently, American Eagle offers a few products such as concealers, eye shadow palettes and makeup bags from other brands that are mostly sold online.

It also announced in July that it will start selling CBD-infused lotions, muscle balms and aromatherapy products to be supplied by Green Growth Brands. Sales are expected to begin in October.

Source: cnbc.com

Tag:American Eagle, Beauty, fashion

  • Share:
gsiino

Previous post

Lego ready to open 210 stores worldwide
September 5, 2019

Next post

Amazon may launch a hand recognition payment system for Whole Foods
September 6, 2019

You may also like

sweetgreen
Sweetgreen Adds A ‘Rewards And Challenges’ Program To Drive Frequency And Digital Sales
27 June, 2022
primark-ecommerce
Primark to trial UK click and collect in move into online sales
20 June, 2022
Happy-Nation
Victoria’s Secret brand Happy Nation launches first metaverse experience
17 June, 2022

Leave A Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search News:

News category:

News Archive:

Last News:

Sweetgreen Adds A ‘Rewards And Challenges’ Program To Drive Frequency And Digital Sales
27Jun2022
Primark to trial UK click and collect in move into online sales
20Jun2022
Victoria’s Secret brand Happy Nation launches first metaverse experience
17Jun2022
What are the main trends driving consumer behaviour in Australia?
17Jun2022
Let’s get physical: Why Hyperphysical stores are this year’s biggest retail trend in Asia
17Jun2022

Twitter:

GRA_WorldFollow

An association made up and dedicated to the retail industry world's leading companies. Become a member today!

GRA_World
Retweet on TwitterGRA_World Retweeted
meshaalbomairhMeshaal Bin Omairh@meshaalbomairh·
19 May

Very happy to announce that I am now a member of the GRA, one of the world’s most important associations for #retail industry leaders.
يسعدني جدًا أن أعلن أنني أصبحت عضوًا في GRA ، وهي واحدة من أهم الجمعيات في العالم لقادة صناعة البيع بالتجزئة: https://twitter.com/Gra_World/status/1526975525411033089

Twitter 1527215613428498433
Gra_WorldGRA_World@Gra_World·
20 May

🚀Los invitamos al próximo #webinar #GRA donde un panel de líderes de #Latinoamerica van a compartir tendencias, experiencia y el futuro de #Marketplaces✍🏻: https://bit.ly/3yNggfI

Twitter 1527633483006459909
Load More...

© 2022 Global Retail Alliance | info@gra.world | Privacy Policy