Abercrombie & Fitch Co

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Leonie Barrie | 2 Sep 2014

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 focuses instead on more on-trend merchandise.

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.

Latest News

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. 

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. 

Michelle Russell | 11 Apr 2017

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

Beth Wright | 8 Feb 2017

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.

Beth Wright | 2 Feb 2017

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.

Beth Wright | 30 Jan 2017

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

Beth Wright | 26 Jan 2017

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

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.

Beth Wright | 23 Nov 2016

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.

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. 

Beth Wright | 25 Aug 2016

Teen apparel retailer Abercrombie and Fitch is to make its products available to online consumers in 15 European markets after inking a wholesale agreement with Berlin-based fashion e-tailer Zalando.

Beth Wright | 27 May 2016

Teen apparel retailer Abercrombie & Fitch has named two new brand presidents responsible for all product and customer-facing activities.

Leonie Barrie | 9 May 2016

?Abercrombie & Fitch Co is to part company with its chief operating officer Jonathan Ramsden, who is leaving the teen clothing retailer next month.

Michelle Russell | 9 May 2016

Abercrombie & Fitch is to expand its presence in the Middle East and open stores in two new markets through an extension of its relationship with Majid Al Futtaim Fashion.

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.

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