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American Eagle to put more eggs in Aerie's basket

American Eagle Outfitters will focus on growing its Aerie brand of lingerie, activewear and swimwear, which the company says has the potential to hit $2 billion in revenue by 2023. The retailer will shutter up to 250 of its mostly mall-based namesake stores and grow Aerie from about 350 to as many as 600 stores over the next few years.

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