Aeropostale downside scenario priced in, says Cowen Cowen believes the downside for Aeropostale has been priced in and that its gross margin improvement is underappreciated. The firm also noted its inventory levels are low and clearance levels have moderated. Shares are Outperform rated.
Aeropostale signs license agreement with Himatsingka America Aeropostale announced a domestic licensing agreement for home textiles with Himatsingka America. Under the licensing agreement, Himatsingka will design, manufacture and distribute home textiles such as bedding and bath linens using the Aeropostale label for department stores, big box retailers and wholesale channels across North America. Under this agreement, Aeropostale's expanded home collection is expected to be available during the Back to School 2016 season.