Aeropostale heads to Asia
New York– based teen retailer Aeropostale Inc. will open stores in Asia through a licensing deal with Montreal PTE Ltd., a joint venture between Apparel Group LLC and Jay Gee Melwani Group. Aeropostale plans to open about 25 stores in Singapore, Malaysia and Indonesia over the next five years. The first store will open later this year in Singapore. Aeropostale currently operates 906stores in 49 states and Puerto Rico,59 stores in Canada, and 47 P.S. From Aeropostale stores in 13 states. Apparel and footwear retailer Apparel Group LLC operates 580 stores and more than 50 international brands. Singaporebased Jay Gee Melwani Group represents international lifestyle and apparel brands.