Fashion retailer Abercrombie & Fitch has agreed an extended deal to keep its CEO Michael S Jeffries at the company until 2014.

Abercrombie signed a new employment agreement with Jeffries, who is also chairman at the firm, with his prior deal scheduled to expire on 31 December.

The new deal, which is being filed with the Securities and Exchange Commission, is now scheduled to expire on 1 February 2014.

The company now operates 353 Abercrombie & Fitch stores, 211 Abercrombie stores, 501 Hollister Co stores, 27 RUEHL stores and 13 Gilly Hicks stores in the US, together with three Abercrombie & Fitch stores, two Abercrombie stores, five Hollister Co stores in Canada, and one Abercrombie & Fitch store and one Hollister Co store in the UK.