American Eagle Outfitters Pulls Out Of UK

The fashion retailer has closed all three of its UK shops and is also understood to be canning its British e-commerce platform. American Eagle shuttered its Bluewater store last week and has now also ceased trading in Westfield London and Westfield Stratford. Sources close to the situation said American Eagle had decided to exit the UK after struggling to gain a foothold in the ultra-competitive fashion market. Many of the UK’s biggest fashion players including Next, Marks & Spencer and New Look have found trading to be turbulent amid rapidly changing consumer habits and increasing cost headwinds. Read more at Retail Week.