AEO Inc. Chairman of the Board and Chief Executive Officer Jay Schottenstein / Photo courtesy of AEO Inc.
American Eagle Outfitters CEO will probably be acknowledged in April for trade achievements and contributions, together with different worldwide retail visionaries
PITTSBURGH, April 2, 2024–(BUSINESS WIRE)–Jay L. Schottenstein, Chairman and CEO of American Eagle Outfitters, will probably be inducted into the World Retail Hall of Fame later this month. Welcome to the doorway. He is a credited chief who has made vital contributions to the trade’s nice firms and types. The Hall of Fame is an integral a part of the World Retail Congress’ annual program, and this yr Schottenstein will probably be becoming a member of two different retail visionaries, Jean-Paul Agon, chairman of L’Oréal, and Jean-Paul Agon, chairman of The Mall Group. He is within the Hall of Fame together with Suparuk Umpuzi.
Mr. Schottenstein and the opposite inductees have been chosen for his or her expertise, perseverance and dedication to main really high-performing retail companies. The inductees will be a part of 51 different Hall of Fame members to obtain this honor on the World Retail Congress Hall of Fame induction ceremony on April 15, 2024 in Paris.
“It is an unimaginable honor to be acknowledged alongside a few of the most influential world leaders and innovators in retail,” mentioned Schottenstein. “My induction into the World Retail Hall of Fame acknowledges the lasting affect and deep love that my household has had on this trade. I’m grateful to the many individuals, firms, and types who’ve guided me in my profession. Our folks’s ardour for creating nice merchandise and offering the very best expertise for our clients has impressed me to pursue our function, Integrity and dedication drive me to come back to work every single day. I’ve by no means considered this enterprise as a “job.” “It is my life’s ardour. I’m proud to dedicate myself to the retail trade and proceed to work with the subsequent era of leaders to assist form its future.”
Ian McGarrigle, Chairman of the World Retail Council, mentioned: “It is a good pleasure and honor to rejoice Jay Schottenstein’s excellent contribution to the retail trade.” “Jay has been a revered trade chief for over 40 years. He is nicely referred to as an innovator and has constructed a number of iconic manufacturers via his unwavering dedication to high quality, worth and superior customer support. “Jay’s profession is a testomony to what that basically means.” By offering management with foresight and agility, his spectacular accomplishments have impressed retailers world wide to proceed to embrace change and construct confidence. We know that it will give us the chance to open up a brand new path to the longer term. ”
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This yr’s Hall of Fame is proudly supported by Deloitte, Royal Bank of Canada, and eshopworld (ESW).
About Jay L. Schottenstein
Since 1992, Schottenstein has been AEO’s visionary chief, main AEO from a single model firm to a multi-brand world enterprise. He has been instrumental within the progress of American Eagle as a premier denims retailer and Airy’s fast enlargement because the quickest rising innerwear and way of life model. His unparalleled enterprise acumen and huge experience throughout attire merchandising, operations, retail, actual property and model improvement has enabled him to steer a number of non-public and public firms to unprecedented success. .
Schottenstein additionally serves because the third-generation chairman of American Signature, Inc., a family-owned furnishings enterprise. He is the manager chairman of Designer Brands, Inc., a number one footwear and equipment retailer, and from 2005 he served as the corporate’s chief govt officer till 2009. In addition, he’s the Chairman and Chief Executive Officer of SB360 Capital Partners and the Chairman of SB360 Capital Partners. Schottenstein Stores Corp. is a family-owned firm based by his grandfather greater than a century in the past.
Among the numerous honors he has acquired is Father of the Year, offered by the National Father’s Day Council. American Apparel and Footwear Association Retailer of the Year Award. and acquired the American Red Cross of Central Ohio’s Humanitarian Award along with his spouse, Jeannie.
Schottenstein’s dedication and values are deeply rooted in religion, household, and making a optimistic distinction in folks and communities. He is a revered philanthropist who helps causes that enhance the world, from arts, tradition and Jewish research to psychological well being advocacy and cardiovascular analysis.
About American Eagle Outfitters, Inc.
American Eagle Outfitters, Inc. (NYSE: AEO) is among the world’s main specialty retailers providing high quality, on-trend clothes, equipment and private care merchandise at inexpensive costs below the American Eagle® and Aerie® manufacturers. Our intention is to point out the world that there’s actual energy within the optimism of younger folks. The firm operates shops within the United States, Canada, Mexico, and Hong Kong, and ships to roughly 80 nations world wide via its web site. American Eagle and Airy merchandise are additionally obtainable at his greater than 300 worldwide places operated by licensees in roughly 30 nations. To study extra about AEO and its dedication to the planet, folks and practices, go to www.aeo-inc.com.
About the World Retail Congress
Founded in 2007, World Retail Congress offers an unparalleled high-level discussion board for senior retailers to study, share insights, type highly effective connections and form the way forward for world retail. World Retail Congress is a worldwide platform that brings collectively retail trade leaders, stakeholders, advisors, and influencers to create options and drive progress inside the trade.
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