Flash ReportConsortium Finalizes the Acquisition of Aéropostale Coresight Research September 20, 2016 Executive Summary A consortium, which includes Authentic Brands Group (ABG,) General Growth Properties (GGP) and Simon Property Group (SPG,) announced it has finalized the acquisition of Aéropostale. The consortium won the bankruptcy auction for the retailer with a $243.3 million bid earlier this month, after Aéropostale had filed for voluntary bankruptcy protection on May 4, 2016. Following the acquisition, Aéropostale will still be sold in more than 700 retail locations worldwide. It generates more than $1 billion in global retail sales, including more than $800 million from the US. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Analyst Corner: Wayfair Turns a Profit for the First Time in Four Years—Four Drivers of Its Performance, with Madhav PitaliyaWeekly US Store Openings and Closures Tracker 2025, Week 37: YTD Retail Bankruptcies Hit 25Kohl’s CEO Removal—Why It Happened and What It Means for US Department StoresUS Holiday 2025: Early Outlook—Improving Signals, But Will It Last?
