World Retail Congress is recognizing American Eagle Outfitters, Inc.’s (AEO) long-time leader.
Jay L. Schottenstein, AEO executive chairman of the board and CEO, will be inducted later this month into the World Retail Congress’s World Retail Hall of Fame. The Hall of Fame celebrates the achievements of leaders who have contributed significantly to the industry’s greatest companies and brands.
“It is an incredible honor to be recognized alongside retail’s most influential global leaders and innovators,” Schottenstein said in a statement. “My induction into the World Retail Hall of Fame is an acknowledgement of my family’s lasting impact on—and deep love for—this industry. I am especially appreciative of the many people, businesses and brands I have had the great fortune to work with and guide over my career.”
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Schottenstein has led AEO in its evolution from a single-brand company to a multibrand global business since 1992. He has been instrumental in the growth of American Eagle as the preeminent destination for jeans and in the expansion of Aerie as the fastest-growing intimates and lifestyle brand. He also serves as the executive chairman of footwear and accessory manufacturer and retailer Designer Brands, which operates as DSW in the U.S.
“Our associates’ passion for creating exceptional products and delivering the very best experiences to our customers is what inspires me to lead with purpose, integrity and determination each day. I’ve never considered this business ‘work’—it is my life’s passion. I’ve dedicated myself to the retail industry and am proud to continue helping shape its future alongside the next generation of leaders,” Schottenstein added.
Schottenstein is being inducted this year alongside two other retail leaders, Jean-Paul Agon, chairman of L’Oréal, and Supaluck Umpujh, chairwoman of The Mall Group. Schottenstein and the other inductees were selected for their talent, perseverance and commitment to leading truly high-performing retail businesses.
“Jay has been a respected industry leader for more than four decades. He is well known as an innovator and has built multiple iconic brands through an unwavering commitment to quality, value and exceptional customer service. Jay’s career is a testament to what it truly means to lead with foresight and agility, and we know his remarkable achievements will continue to inspire retailers all over the world to embrace change and navigate the future with confidence,” said Ian McGarrigle, chairman of World Retail Congress.
The inductees will accept the accolade at a ceremony on April 15 in Paris ahead of the World Retail Congress’ annual event.
