Abercrombie & Fitch Co

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Abercrombie & Fitch trims FY outlook on tariff impact Hannah Abdulla | 2 Sep 19

US fashion brand Abercrombie & Fitch has moved to quell concerns about the impact the ongoing trade war between the US and China, along with Britain's exit from the European Union, could have on its business – despite lowering its full-year gross profit forecast.


Abercrombie & Fitch sets new supply chain sustainability goals Hannah Abdulla | 21 Aug 19

Retailer Abercrombie & Fitch has set new sustainability targets  – including a 30% water reduction in denim production by 2022 – after joining the United Nations Global Compact initiative.


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands just-style | 1 Aug 19

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. 


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity just-style | 23 May 19

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.


Abercrombie & Fitch axes COO role to become more agile Hannah Abdulla | 15 May 19

US clothing company Abercrombie & Fitch is axing the role of chief operating officer in an effort to streamline the business and support its bid for organisational agility.


US Q3 in brief – Boot Barn Holdings, VF Corp just-style | 6 Feb 19

In the latest third-quarter filings from US apparel and footwear brands and retailers, Francesca's Holdings Corporation swung to a third-quarter loss of US$16.2m, PVH Corp posted what CEO Emanuel Chirico called a "strong earnings performance", and Abercrombie booked its fifth consecutive quarter of positive comparable sales.


US Q2 in brief – Boot Barn Holdings, VF Corp, Sears just-style | 26 Oct 18

In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.


US Q1 in brief – Destination Maternity, Tailored Brands, Boot Barn just-style | 8 Aug 18

In the latest first-quarter filings from US apparel and footwear brands and retailers, PVH Corp saw revenues exceed guidance thanks to strength across the business, while Guess saw continued momentum in Europe and Asia push earnings and sales up in the three months ended 5 May. Dick's Sporting Goods raised its full-year outlook and Destination XL narrowed its net losses.


Abercrombie gets closer to consumers with "learning labs" Beth Wright | 4 Jul 18

US apparel retailer Abercrombie & Fitch (A&F) has revealed the locations of its two college campus locations which it aims to use as "learning labs", providing insight into operating small spaces with an omnichannel platform.


US Q4 in brief – Boot Barn Holdings, Destination Maternity just-style | 18 May 18

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Destination Maternity narrowed its net loss, Sears was boosted by the new US tax law, Caleres returned to profit, Dick's Sporting Goods achieved growth across key businesses, and Urban Outfitters produced record fourth-quarter sales.


Abercrombie & Fitch pressured to sign 2018 Accord Beth Wright | 23 Apr 18

Groups of labour rights groups and consumers have protested at US stores operated by teen apparel retailer Abercrombie & Fitch (A&F) as they try to persuade the company to sign the 2018 Bangladesh Accord.


US Q3 in brief – Deckers Brands, Boot Barn Holdings just-style | 6 Feb 18

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Deckers Brands exceeded expectations, while Boot Barn Holdings saw earnings nearly double. Destination Maternity, meanwhile, widened its losses.


US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding just-style | 22 Sep 17

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.


Abercrombie & Fitch makes forest-friendly sourcing pledge Beth Wright | 18 Sep 17

US apparel retailer Abercrombie & Fitch (A&F) has made a commitment to trace the sources of all wood-based fabrics used in its own clothing lines – and to eliminate by the middle of next year any that are linked to the destruction of endangered forests or the violations of human rights.


Abercrombie & Fitch to make debut on China's Tmall Hannah Abdulla | 24 Jul 17

Struggling US apparel retailer Abercrombie & Fitch has announced its debut on Chinese e-retail platform Tmall, part of the Alibaba brand.


Abercrombie & Fitch urged to buy back stock after failed sale Hannah Abdulla | 20 Jul 17

US apparel retailer Abercrombie & Fitch has been criticised for not being "aggressive enough" in its efforts to turn itself around amid falling sales at most of its brands.


Abercrombie & Fitch puts end to potential sale talks Beth Wright | 11 Jul 17

Shares in Abercrombie & Fitch tumbled 16% yesterday (10 July) as the US apparel retailer announced it has terminated discussions regarding a potential transaction.


US Q1 in brief – Cherokee, The Finish Line, J Crew Michelle Russell and Beth Wright | 10 Jul 17

In the most recent first-quarter filings from US apparel and footwear brands and retailers, G-III Apparel moved to a loss on acquisition charges, while Guess saw earnings fall on soft Americas sales. Kate Spade, meanwhile, saw earnings slump on the back of sales declines, while Hudson's Bay recorded comparable store declines on the back of lower domestic store traffic across all banners. 


Abercrombie eyes Asia growth with Hong Kong deal Beth Wright | 4 Jul 17

US apparel retailer Abercrombie & Fitch is to build on its business in Asia after signing an agreement to bring its new store concept to Hong Kong by the end of 2017.


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity Michelle Russell and Beth Wright | 15 May 17

In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. 


Abercrombie & Fitch eyes Asia growth with Zalora deal Michelle Russell | 11 Apr 17

US apparel retailer Abercrombie & Fitch is to build on its business in Asia after signing a wholesale agreement with global online fashion group Zalora.


Concept store to boost new Abercrombie brand vision Beth Wright | 8 Feb 17

US apparel retailer Abercrombie & Fitch is changing its store concept for the first time in 15 years, as part of a bid to boost the brand's new vision.


Abercrombie & Fitch promotes Horowitz to CEO Beth Wright | 2 Feb 17

US apparel retailer Abercrombie & Fitch has promoted Fran Horowitz as its new CEO in a move the company says reflects the leadership she has shown in the turnaround of its Hollister brand.


Hollister relaunches intimates line Gilly Hicks Beth Wright | 30 Jan 17

US clothing retailer Hollister has relaunched its Gilly Hicks label after recognising what it calls an "opportunity to redefine the brand".


Abercrombie & Fitch axes 150 "corporate" jobs Beth Wright | 26 Jan 17

US apparel retailer Abercrombie & Fitch has confirmed to just-style it has axed around 150 jobs at its headquarters in New Albany.


2016 – A year in review – Retail winners and losers Lee Adendorff | 13 Dec 16

A local-for-local manufacturing vision, expansion in Asia, robotic warehousing and automated delivery systems helped lift some retailers during 2016, but concerns over conditions and working practices, store closures and bankruptcies weighed on others.


US Q3 in brief – The Finish Line, Destination Maternity, Cherokee, Sears Michelle Russell and Beth Wright | 9 Dec 16

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.


Abercrombie & Fitch to close Seoul and Hong Kong flagships Beth Wright | 23 Nov 16

Teen apparel retailer Abercrombie and Fitch is to shutter its A&F flagship store in Seoul in January next year, and has exercised a lease kick-out option for its A&F flagship in Hong Kong.


Retail fallout unclear following Hanjin Shipping collapse Leonie Barrie | 14 Sep 16

As efforts continue to try to rescue cargo stranded in the wake of the collapse of Hanjin Shipping, the world's seventh-largest container shipper, fallout for apparel and footwear importers and exporters remains unclear.


US Q2 in brief - The Finish Line, Cherokee, Zumiez, Vince Holding, Tailored Brands Michelle Russell and Beth Wright | 9 Sep 16

In the most recent second-quarter filings from US apparel and footwear brands and retailers, Tailored Brands showed improvement on Q1 but saw earnings slide, while DSW booked mixed results. Abercrombie & Fitch widened its net losses but remained optimistic, while Destination Maternity revealed improved losses. Express, meanwhile, delivered what it described as a "disappointing" second-quarter, below management expectations, and Macy's saw a "distinct" improvement in its sales and earnings trends for the quarter. 

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