27 February 2014
Apparel retailer Abercrombie & Fitch reported a slump in fourth quarter profit, impacted by a series of charges related to asset impairments and the closure of its Gilly Hicks chain.
6 February 2014
Teen apparel retailer Abercrombie & Fitch has partnered with a new solutions provider as part of its strategy to increase speed to market.
31 January 2014
In its latest round of management changes, teen apparel retailer Abercrombie & Fitch has promoted CFO Jonathan Ramsden to the newly-created role of COO.
29 January 2014
Abercrombie & Fitch separated the roles of chairman and CEO yesterday (28 January), appointing former Sears boss Arthur Martinez as non-executive chairman, leaving Michael Jeffries with just his CEO title. While some analysts think these changes could prove positive, others believe the teen apparel retailer still has a long way to go in restructuring its business.
28 January 2014
Teen apparel retailer Abercrombie & Fitch has separated the roles of chairman and CEO, abandoned its shareholder rights plan, and named three new board members.
10 January 2014
US apparel retailer Abercrombie & Fitch has upped its full-year earnings guidance based on higher fourth-quarter sales.
9 December 2013
Abercrombie & Fitch has reworked its contract with CEO Michael Jeffries to see his compensation paid in line with company performance.
4 December 2013
Abercrombie & Fitch shareholder Engaged Capital has urged the teen apparel retailer to replace CEO Michael Jeffries when his contract expires in February.
21 November 2013
Teen apparel retailer Abercrombie & Fitch Co has swung to a third quarter loss on a double-digit drop in sales and costs linked to the restructuring of its Gilly Hicks business.
6 November 2013
Teen apparel retailer Abercrombie & Fitch is to shutter all of its standalone Gilly Hicks stores by the end of the first quarter, as part of a restructure of the underwear brand.
11 September 2013
Abercrombie & Fitch has extended its contract with GT Nexus to expand its cloud-based supply chain strategy and improve visibility into the movement of orders, payments and goods.
22 August 2013
US clothing retailer Abercrombie & Fitch saw second quarter net income slide on weaker traffic and continued softness in the women's business.
24 May 2013
US retailer Abercrombie & Fitch saw first quarter net losses narrow despite sales declining as the company faced inventory shortage issues.
17 April 2013
Abercrombie and Fitch is investigating calls for its clothes to be taken off the shelves in Germany after tests revealed high levels of cancer-causing chemical Benzidine.
8 April 2013
Teen apparel retailer Abercrombie & Fitch has revealed plans to open flagship stores under its namesake brand in Seoul and Shanghai this year as part of ongoing expansion efforts.
27 February 2013
Teen clothing retailer Abercrombie & Fitch has confirmed plans to close up to 50 stores in the US this year as it revealed a downbeat forecast for the first quarter.
27 February 2013
Teen clothing retailer Abercrombie & Fitch has promoted Amy Zehrer to executive vice president of stores.
22 February 2013
US teen apparel retailer Abercrombie & Fitch has today (22 February) more than tripled its fourth-quarter profit helped by a rise in sales from new international stores and lower product costs.
14 November 2012
Improvements in both its domestic and international businesses have helped Abercrombie & Fitch Co to a 40.5% jump in third quarter profit, the teen-apparel retailer said today (14 November).
14 September 2012
Pressure from investors has spurred teen apparel retailer Abercrombie & Fitch to hire investment banking firm Goldman Sachs, according to reports.
22 August 2012
Teen clothing retailer Abercrombie & Fitch has confirmed that it plans to open its first Hollister stores in Australia and the Middle East next year.
15 August 2012
Teen clothing retailer Abercrombie & Fitch has recorded a sharp decline in second-quarter net profit on slower sales in its international stores and the first drop in US same-store sales for three years.
2 August 2012
Teen-apparel retailer Abercrombie & Fitch has lowered its full-year earnings target after posting a fall in second quarter comparable store sales, amid the challenging macroeconomic environment.
22 June 2012
Teen-apparel retailer Abercrombie & Fitch says it has earmarked another 180 underperforming stores for closure over the next few years as it continues to seek ways to operate more efficiently and to reduce expenses.
16 May 2012
Higher costs, "challenging" trends in Europe, and falling same-store sales in the US have combined to push teen-apparel retailer Abercrombie & Fitch Co to a sharp drop in first quarter earnings.
3 April 2012
Teen apparel retailer Abercrombie & Fitch is rumoured to be planning to open its first store in Ireland in the autumn.
23 March 2012
Teen apparel retailer Abercrombie & Fitch has emphasised an outlet website selling counterfeit clothing is not linked to the company.
18 January 2012
Teen apparel retailer Abercrombie & Fitch is to work with IBM software in an effort to transform its online business and drive “dramatic” growth.
18 November 2011
Teen apparel retailer Abercrombie & Fitch is adamant its international growth plans remain on track despite seeing a softening in its European business, and says it intends to raise prices at its US stores to try to mitigate the effects of higher costs.
17 November 2011
Teen apparel retailer Abercrombie & Fitch has posted a 1.8% increase in third quarter profits, with a 21% sales hike offset by higher costs.