Abercrombie & Fitch Co

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New supply chain options key amid US port problems

As the threat of a US West Coast port shutdown looms, analysts already estimate the ongoing disruption could add an eye-watering US$36.9bn t...

Abercrombie & Fitch to lose logos in fashion focus

Teen apparel retailer Abercrombie & Fitch Co is aiming to remove the logos from its garments on sale in North America by next spring as it f...


Who has signed the Bangladesh safety accord?

Katie Smith | 22 Jun 2015

More than 200 companies have now signed the Accord on Fire and Building Safety in Bangladesh following the collapse of the Rana Plaza factory building in Dhaka, which killed more than 1,100 people in 2013.


Analysts applaud Angelides appointment at A&F

Leonie Barrie | 13 Jun 2014

The hiring of Christos Angelides as president of US retailer Abercrombie & Fitch will bring much-needed fast fashion and global retail experience to the company, analysts say, along with a solid background in sourcing.


Low costs big opportunity for Abercrombie & Fitch

Leonie Barrie | 30 May 2014

Struggling Abercrombie & Fitch finally appears to have taken a step in the right direction, after efforts to revitalise its women's wear helped the teen apparel retailer to a better-than-expected first quarter. Next plans in the pipeline are to improve test and react, expand fabric platforming, and lower average unit cost.


Analysts mixed on Abercrombie & Fitch changes

Katie Smith | 29 Jan 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.

Latest News

Abercrombie & Fitch expands e-commerce ops in Asia

Leonie Barrie | 7 Jan 2015

Teen apparel retailer Abercrombie & Fitch Co is using the Demandware Commerce platform to power the expansion of its digital retail operations across Asia.


Abercrombie & Fitch CEO Jeffries steps down

Michelle Russell | 9 Dec 2014

Michael Jeffries, the chief executive officer of US teen apparel retailer Abercrombie & Fitch, has announced his intention to retire with immediate effect.


Abercrombie & Fitch cuts outlook as profit slides

Michelle Russell | 3 Dec 2014

US teen apparel retailer Abercrombie & Fitch has cut its full-year outlook and revealed a drop in third-quarter earnings driven by weak traffic, a highly promotional environment and a challenging international business.


Abercrombie & Fitch to expand into Mexico

Katie Smith | 24 Nov 2014

US teen apparel retailer Abercrombie & Fitch is to open its first stores in Mexico next year as part of a franchise agreement with Grupo AXO.


Abercrombie & Fitch expects modest margin erosion

Katie Smith | 10 Nov 2014

US teen apparel retailer Abercrombie & Fitch says it expects "modest" erosion in its gross margin rate in the third-quarter, given the highly promotional and challenging environment.


UPDATE: A&F appoints Horowitz to head Hollister

Michelle Russell | 16 Oct 2014

Abercrombie & Fitch has hired Fran Horowitz from Ann Inc as president of its Hollister brand.


Weak traffic slows sales for Abercrombie & Fitch

Michelle Russell | 28 Aug 2014

US teen apparel retailer Abercrombie & Fitch has posted earnings that came in ahead of analysts expectations in the second quarter, but weak traffic held back sales.


Abercrombie & Fitch refinancing viewed positively

Katie Smith | 15 Jul 2014

Refinancing plans unveiled by US teen apparel retailer Abercrombie & Fitch have been viewed as a positive by one analyst, and could improve business stability.


Abercrombie & Fitch appoints Crevoiserat as CFO

Michelle Russell | 10 Apr 2014

US apparel retailer Abercrombie & Fitch has appointed Kohl's EVP of finance, Joanne Crevoiserat, as its CEO.


Abercrombie & Fitch Q4 profit slumps on charge

Richard Woodard | 27 Feb 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.


Abercrombie & Fitch to use predictive analytics

Michelle Russell | 6 Feb 2014

Teen apparel retailer Abercrombie & Fitch has partnered with a new solutions provider as part of its strategy to increase speed to market.


Abercrombie & Fitch CFO takes on new COO role

Katie Smith | 31 Jan 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.


Abercrombie & Fitch splits chairman and CEO roles

Katie Smith | 28 Jan 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.


Abercrombie & Fitch ups FY guidance

Michelle Russell | 10 Jan 2014

US apparel retailer Abercrombie & Fitch has upped its full-year earnings guidance based on higher fourth-quarter sales.


Abercrombie & Fitch reworks CEO contract

Michelle Russell | 9 Dec 2013

Abercrombie & Fitch has reworked its contract with CEO Michael Jeffries to see his compensation paid in line with company performance.


Abercrombie & Fitch shareholder calls for new boss

Katie Smith | 4 Dec 2013

Abercrombie & Fitch shareholder Engaged Capital has urged the teen apparel retailer to replace CEO Michael Jeffries when his contract expires in February.


Abercrombie & Fitch swings to Q3 loss

Leonie Barrie | 21 Nov 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.


Abercrombie & Fitch to shut Gilly Hicks stores

Katie Smith | 6 Nov 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.


Abercrombie & Fitch extends supply chain service

Katie Smith | 11 Sep 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.


Abercrombie & Fitch Q2 net income slipped

Petah Marian | 22 Aug 2013

US clothing retailer Abercrombie & Fitch saw second quarter net income slide on weaker traffic and continued softness in the women's business.


Abercrombie & Fitch Q1 net losses narrow

Petah Marian | 24 May 2013

US retailer Abercrombie & Fitch saw first quarter net losses narrow despite sales declining as the company faced inventory shortage issues.


Abercrombie & Fitch investigates Benzidine claims

Petah Marian | 17 Apr 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.


Abercrombie & Fitch to open overseas flagships

Katie Smith | 8 Apr 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.


Abercrombie & Fitch names Zehrer as EVP of stores

Katie Smith | 27 Feb 2013

Teen clothing retailer Abercrombie & Fitch has promoted Amy Zehrer to executive vice president of stores.

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