Authentic Brands Group (ABG), General Growth Properties (GGP) and Simon Property Group (SPG) finalize the acquisition of Aéropostale. The consortium includes ABG, the owner of several fashion, sports and entertainment brands, GGP and SPG, two retail real estate companies.

Aéropostale that offers apparel and accessories for young women, men and kids fashion will continue to be available in over 700 retail doors around the world; more than 400 stores in the U.S. and Canada and approximately 300 doors across Latin America, Europe, the Middle East and Southeast Asia.

As announced the competence of the new owners in terms of brand building and licensing as well as retail should position the Aéropostale for long term growth.