US Apparel Brand ARO Ready For Sale In The Fourth Quarter Is Disappointing

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< p > Bloomberg quoted two sources as saying that under the pressure of investors, the US youth leisure a > dress brand < /a > AeropostaleInc. (NYSE:ARO) has at least contacted two a href= "http://sjfzxm.com /news/index_x.asp" > private equity fund < < > to discuss management strategy and strategic plan. One source said AeropostaleInc. (NYSE:ARO) also contacted the investment bank to discuss how to deal with shareholder pressure and sales. < /p >
< p > by the end of November 2013, the group's major shareholder and private equity fund CrescendoPartners asked AeropostaleInc. (NYSE:ARO) to discuss the sale as soon as possible. However, AeropostaleInc. (NYSE: < a > AR < /a > O) subsequently launched the "poison pill program" tough confrontation. < /p >
< p > when publishing the three quarter performance report, AeropostaleInc. (NYSE:ARO) indicated that the group did not exclude "a href=" http://sjfzxm.com/news/index_x.asp "acquisition" /a ", but rather had enough time to discuss the sale or privatization. AeropostaleInc. (NYSE:ARO) said it would decide on the issue of sale at the next shareholders' meeting, and the date of shareholders' meeting would also be "a href=" http://sjfzxm.com/news/index_x.asp "poison pill plan < /a > maturity date. < /p >
< p > AeropostaleInc. (NYSE:ARO) has suffered losses for the four consecutive quarter. Stock prices fell 37% in the past year. On Tuesday, AeropostaleInc. (NYSE:ARO) closed at 7.73 US dollars, and the market value was only about 600 million US dollars. In November 2013, the group's largest shareholder and private equity fund CrescendoPartners said that if it was sold, AeropostaleInc. (NYSE:ARO) could trade from 14 US dollars to 16 US dollars per share, a 1 times premium over the last trading day. In September 2013, private equity fund Sycamore acquired nearly 8% of AeropostaleInc. (NYSE:ARO) in the doldrums of A ropostale. Sycamore said it still optimistic about the potential of AeropostaleInc. (NYSE:ARO) in the stock market, so Sycamore was considered a potential purchaser of AeropostaleInc.. Sycamore bought another young brand clothing company HotTopic last year and privatized it. In addition, HirzelCapitalManagement, a private equity fund based in Dallas, is also interested in acquiring. HirzelCapitalManagement holds about 6% of AeropostaleInc. (NYSE:ARO) shares. < /p >
< p > according to relevant data, as of the three quarter of November 3, 2013, AeropostaleInc. (NYSE:ARO) lost 33 cents per share, less than 21 cents -26 cents a share's loss per share, and a loss of 25 million 600 thousand US dollars in the three quarter AeropostaleInc. (NYSE:ARO), compared with 24 million 900 thousand US dollars in the same period last year and 31 cents per share. In the three quarter, AeropostaleInc. (NYSE:ARO) was sold for $514 million 600 thousand, down 15% from $605 million 800 thousand a year ago, and sales of the same store, including online sales, also dropped 15%. AeropostaleInc. (NYSE:ARO) chief executive ThomasP.Johnson said that in the three quarter, in order to have a good "a href=" http://sjfzxm.com/news/index_x.asp "inventory < /a", the sales promotion has been stepped up in the four quarter of the year. However, the grim performance of the youth apparel market is still disappointing. < /p >