Offer valid on Clearance items beginning December 24, 2012 at 12:00 am EDT through January 1, 2013 at 11:59 pm. 50% Off Clearance in AE Stores is automatically applied at checkout. This offer can be combined with other discount offers. Discount applies to merchandise costs only, not tax. This discount is not redeemable for cash, nor is it valid toward any previously purchased merchandise or the purchase of merchandise certificates, gift cards or e-gift cards. Offer excludes Aerie and AEO Factory Merchandise, and merchandise from these brands: Adidas, Bass, BC, Bed Stu, Birkenstock, Clarks, Creative Rec, DV, Eastland, GOLA, Junk Food, MIA, Minnetonka, New Balance, New Balance/PF Flyers, Palladium, Reebok, Steve Madden, Tailgate, Timberland, and Tretorn. Discount and associated terms & conditions subject to change at AE's sole discretion.