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January 11, 2002

USA: Abercrombie & Fitch Reports December Sales Slide

Youth-oriented apparel retailer Abercrombie & Fitch Co today reported a 10 per cent fall in sales at stores open at least a year during the five week festive period. In a statement it added that total sales rose three per cent to $249.6 million, and in the year to date revealed net sales climbed 12 per cent to $1.3 billion from $1.16bn last year.

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