Teen apparel retailer American Eagle Outfitters recently unveiled plans to expand into Chile and Peru, and will open a chain of licensed stores throughout these markets over the years to come. Its entry into Chile and Peru strengthens its foothold in the Latin American market as it already operates licensee stores in Columbia and Panama and has retail presence in Mexico. The retailer has entered a multi-year licensing deal with Eurofashion Limitada, a leading Chilean company and a division of Cencosud S.A. Group, which specializes in building international fashion brands. Eurofashion Limitada will open the first Chilean American Eagle store in the second half of 2015, and will launch the company’s first outlet in Peru in early 2016.
