US: Abercrombie & Fitch to shut 60 stores despite Q2 sales rise
Teen apparel retailer Abercrombie & Fitch Co is to shutter 60 stores this year after steep discounting in the second quarter ate into the company's gross margin.
Teen apparel retailer Abercrombie & Fitch Co is to shutter 60 stores this year after steep discounting in the second quarter ate into the company's gross margin.