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Abercrombie taps exec from U.K. retailer Next as brand president


New Albany, Ohio — Abercrombie & Fitch Co. has named Christos Angelides president of its Abercrombie & Fitch and Abercrombie Kids brands, a position he is expected to take in October 2014. Angelides, 51, will report to A&F CEO Mike Jeffries and will have overall responsibility for all product and customer-facing activities for the Abercrombie & Fitch and Abercrombie Kids brands.

He will also be accountable for the financial performance of the brands.

Angelides has spent his entire career with Next plc, a British fashion retail and Internet chain where he has most recently served as group product director since August 2000. Angelides, who is also a member of Next`s board of directors, has management responsibility for all product functions.

Prior to being named group product director, Angelides held a number of senior management roles, and he serves as chairman of Next Sourcing Limited and non-executive director of Lipsy, a young women`s fashion brand owned by Next.

"We are excited to welcome Christos to the Abercrombie & Fitch team and to deepen our bench of senior leadership talent,” said Jeffries. “Christos brings 28 years of experience working with a multi-billion dollar international retailer. His experience with all aspects of running a business made him the perfect candidate for this newly created role. Christos` appointment is a critical step in our long-term strategy of being organized to win and we are excited to welcome him to the Abercrombie team."

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