Content about Abercrombie

April 3, 2013
Abercrombie & Fitch reveals international expansion plans

In its annual report filed Tuesday, Abercrombie & Fitch revealed that it plans to open Abercrombie & Fitch flagship stores in Seoul and Shanghai in 2013, as well as 20 international Hollister stores.

February 26, 2013
Abercrombie & Fitch names EVP stores

Abercrombie & Fitch Co. announced the promotion of Amy Zehrer to the position of EVP stores, from SVP, effective immediately.

February 22, 2013
Abercrombie Q4 profit tops view; same-store sales decline

Abercrombie & Fitch Co.’s net income rose to $157.2 million for the fourth quarter, compared with $45.8 million a year earlier for a 13-week period.

January 30, 2013
Abercrombie looks to convert former Beatles’ headquarters to store

Abercrombie & Fitch wants to turn the building that once housed the Beatles’ Apple Records into one of its namesake children’s stores, Bloomberg News reported.

December 21, 2012
J.C. Penney hires former Abercrombie VP as director of visual merchandising

J.C. Penney Co. has hired Brandon Tonniges, a former Abercrombie & Fitch Co. executive, as director of visual merchandising, Bloomberg reported.

November 14, 2012
Abercrombie and Fitch profit surges in Q3, raises outlook

Abercrombie and Fitch reported net income of $71.5 million for the third quarter, compared with $50.9 million in the year-ago period and beating Wall Street expectations.

September 21, 2012
Around the World

Abercrombie & Fitch understands that the key to international branding is to deliver a consistent store experience across the globe.

By adopting an open operating platform and integrated point-of-sale infrastructure, the company is able to centrally manage all business operations, including supply chain, inventory management and POS processing, across international borders. The retailer’s international stores now garner close to $1 billion in sales.

September 12, 2012
Report: Abercrombie hires Goldman Sachs

Abercrombie & Fitch Co. has hired Goldman Sachs Group Inc. in the wake of investor pressure, according to Reuters.

August 15, 2012
Abercrombie & Fitch Q2 profit plummets 52%; to open fewer Hollisters than planned

Abercrombie & Fitch reported that net income in the second quarter slid 52% to $15.5 million, compared with $32 million in the year-ago period.

July 11, 2012
Report: Abercrombie planning big share buyback; cutting back on expansion in Europe

Abercrombie & Fitch plans a big share buyback to appease investors, the New York Post reported, and is also likely to cut back on its aggressive expansion plans in Europe.

May 16, 2012
Abercrombie Q1 profit down 88%, hurt by 'difficult' European market

Abercrombie & Fitch Co. reported a 88% decline in its first quarter profit, hurt in part by difficult market conditions in Europe.

March 8, 2012
Abercrombie & Fitch to face class-action suit on gift cards

Abercrombie & Fitch Co. was ordered by U.S. District Judge Gary Feinerman in Chicago to answer a class-action lawsuit by shoppers who claimed the retailer voided holiday gift cards that said they had "no expiration date," Reuters reported.

February 16, 2012
Abercrombie & Fitch closing 180 U.S. stores by 2015

Abercrombie & Fitch CEO Mike Jeffries told analysts during a conference call Wednesday that the teen retailer would close 180 U.S. stores by 2015.

February 15, 2012
Abercrombie & Fitch Q4 profit falls 80% on holiday promotions, flat sales

Margin squeezes and flagging same-store sales hurt Abercrombie & Fitch Co.’s fourth quarter profit dropped nearly 80% drop, to $19.6 million from $92.6 million a year earlier, amid margin squeezes and flat same-store sales.

January 17, 2012
Abercrombie & Fitch taps IBM to expand online business

IBM announced that Abercrombie & Fitch Co. is working with IBM software to help the company transform its online business to achieve greater speed and efficiency.

November 16, 2011
Abercrombie Q3 profit misses Street

Abercrombie & Fitch earnings rose 1.7% in the third quarter, well short of analysts’ estimates, as rising costs pressures offset a big jump in sales.

August 17, 2011
Abercrombie & Fitch profit jumps 64%, offers money to ‘Situation’ to stop wearing A&F clothing

Abercrombie & Fitch Co. reported Wednesday that profit for the second-quarter rose 64% to $32 million, up from $19.5 million, on increased demand in the United States and Europe.

May 18, 2011
Abercrombie & Fitch surprises with big swing to profit in Q1

Abercrombie & Fitch Co. said Wednesday that overseas strength pushed its net income to $25.1 million for the first quarter, compared with a loss of $11.8 million a year earlier.

April 25, 2011
Abercrombie & Fitch’s CEO compensation package down 38%

The chairman and CEO of Abercrombie & Fitch Co. received a pay package worth $22.5 million, down 38% from last year, mostly because of a reduction in option awards, according to an analysis by The Associated Press.

March 23, 2011
Abercrombie & Fitch goes with Accertify for fraud prevention platform

Accertify, a provider of software, tools and strategies for preventing fraud and a subsidiary of American Express, announced that Abercrombie & Fitch has implemented its Interceptas fraud prevention platform to enhance the retailer's ability to protect against credit card fraud in its direct-to-consumer business.

February 14, 2011
Fire damages Abercrombie & Fitch’s New York flagship

Abercrombie & Fitch’s flagship store on Fifth Avenue in New York City will be temporarily closed after a two-alarm fire damaged the building.

July 7, 2010
A&F store with bedbugs reopens

An Abercrombie & Fitch store in Manhattan that was closed on Friday because of bedbugs...

July 7, 2010
A&F store with bedbugs reopens

An Abercrombie & Fitch store in Manhattan that was closed on Friday because of bedbugs...

July 5, 2010
Abercrombie & Fitch in Manhattan closed due to bedbugs

The Abercrombie & Fitch store in Manhattan’s SoHo neighborhood that was closed last week because...

May 10, 2010
Abercrombie CEO paid $36.3 million in 2009

Abercrombie & Fitch Co. CEO Michael Jeffries received compensation in 2009 of $36.3 million, up...

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