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...

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.

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.

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.

Katie Smith | 27 Feb 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.

Latest News

In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings. 

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.

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.

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.

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.

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.

Michelle Russell | 16 Oct 2014

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

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.

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.

Michelle Russell | 10 Apr 2014

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

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.

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.

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.

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.

Michelle Russell | 10 Jan 2014

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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