American Eagle Outfitters is a well known brand. Many teenagers and adults still shop there today. It has grown very rapidly since the first release in 1977, when it was attached to the Silvermans Menswear Inc. American Eagle Outfitters was founded by Jerry Silverman and his brother Mark Silverman. Jerry was the president and CEO of American Eagle Outfitters. Up until it got sold to Jacob Price. Jerry Silverman was born on March 17, 1942. He lived a very eventful life. He and his brother Mark had a very close relationship growing up. Jerry and Mark, who also helped him invent American Eagle, grew up in Chicago, Illinois. Jerry attended California State College in Long Beach, California. After graduating in 1963, he went to Claremont Graduate School & University Center in California; he graduated in 1967. …show more content…
The first store was located in the Twelve Oaks Mall in Novi, Michigan. When first released American Eagle was still part of Silvermans Menswear Inc., which later turned into Retail Ventures. Jerry was the president and CEO of the company until 199, when he sold his ownership to Jacob Price; he was still apart of all the major choices. Jerry died later in life due to cancer. Jerry died at the age of 74 while living in Manhattan, New York. American Eagle is a well known shopping center all over the world. In 1991 the brand suffered the lose of large amounts of profit. This caused the Schottensteins, who owned fifty percent of the business, to buy them selves out of AEO completely. After showcasing the brand on Dawson's Creek in 2000, the brand got a ton of popularity. American Eagle even opened up internationally in 2010 in the countries of Dubai, Kuwait, Beirut, etc. In 2012 Robert Hanson joined the company as the CEO, having been the president of