Economics Aeropostale Essay

In March 2007, Aà ©ropostale was accused of infringing a patent owned by Card Activation Technologies, Inc. in a lawsuit filed in the Northern District of Illinois. However, in a separate lawsuit on the same patent, Card Activation received a ruling on claim construction which it interpreted as â€Å"extremely favorable† to its interpretation of the patent and its â€Å"pursuit of infringers† of the patent. In June 2007, Aà ©ropostale was accused of infringing a patent owned by Picture Patents, LLC in a lawsuit filed in the Southern District of New York. In July 2009, Aà ©ropostale was accused of infringing a patent owned by Furnace Brook, LLC in a lawsuit filed in the Northern District of Illinois Executive Vice President and Chief Merchandising Officer Christopher Finazzo was terminated in November 2006 after an investigation by the Board of Directors revealed that he had concealed and failed to disclose personal and business interests with South Bay Apparel, a maj or vendor. The SEC issued an investigation on the Finazzo matter in January 2008. Aeropostale, also under the name Aero, is an American clothing retailer that was founded in 1987 and is headquartered in New York. There are a number of reasons Aeropostale started their own business. When you start a business it’s a good idea to have a business plan that outlines your goals and objectives for the short term and long term. A business plan serves as a blueprint designed to help you grow and develop your business, and ultimately helps shield it from failure. Kara, Postale started the company then Sara(aera) (Kara’s sister came along) that’s how the company got started. So they put there last name and first name together and it turned out to be Sarah postale but they didn’t like that name in 1985 then they changed it to aeropostale because it sounded better and that started in 1987.