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Abercrombie & Fitch expanding global footprint through wholesale deal
Shoppers in select foreign markets have a new way to purchase goods from Abercrombie & Fitch. The retailer on Wednesday announced a wholesale agreement with Zalando SE, a Germany-based online retailer that carries more than 150,000 styles from some 1,500 brands for women, men and kids and counts more than 18 million active customers. Beginning this week, Zalando will start selling Abercrombie & Fitch, Hollister and abercrombie kids products through its online stores in the 15 European markets it serves. -
Aeropostale creditor argues for liquidation
The battle between bankrupt Aeropostale Inc. and Sycamore Partners has grown more heated. Aeropostale and its junior creditors have come together in an effort to save the chain, but Sycamore isn’t having any part of it. The private equity firm has filed an objection that opposes the retailer’s second amended joint plan of reorganization. Sycamore believes that liquidation is the best option.

