All Abercrombie & Fitch articles – Page 4
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NewsWeaker April sales round off stronger first quarter at Gap
Gap sales fell in April after a more positive first quarter where sales grew 6% to $3.3bn (£2.2bn) and like-for-like sales lifted 4% in the three months to May1.
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NewsAbercrombie & Fitch sister brand Gilly Hicks signs to debut at Westfield London
Abercrombie & Fitch sister brand Gilly Hicks will make its debut in the UK this autumn after signing its first store at Westfield London.
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News
Abercrombie & Fitch set to open Barcelona Hollister
US clothing retailer Abercrombie & Fitch is to launch its first store in Spain under the Hollister banner in Barcelona in July.The store will cover 5,380 sq ft and will be located in the La Maquinista shopping centre. Abercrombie & Fitch is expected to open four Hollister stores in the ...
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NewsAbercrombie & Fitch pays CEO £2.5m to curb his use of corporate jet
Abercrombie & Fitch is paying its chief executive $4m (£2.5m) to compensate him for curbing his use of the company’s corporate jet.
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News
International still the future for Abercrombie & Fitch
US fashion retailer Abercrombie & Fitch said that overseas expansion remains “the future” for its brands as global operations continued to prop up its struggling US arm.
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OpinionAbercrombie & Fitch begins to lose its cool
When Abercrombie & Fitch came to the UK in 2007 it was one of the coolest and most anticipated brands of its time.
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NewsAbercrombie & Fitch profits fall after ‘difficult’ year
Abercrombie & Fitch Co has recorded a 31% drop in net income to $47.5m (£30.1m) over the 13 weeks to January 30 while total sales fell 5% to $936m (£594m).
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News
Abercrombie & Fitch reports net income drop of 39%
Young-fashion chain Abercrombie & Fitch reported net income dropped 39% to $38.8m (£23.8m) in its third quarter.Net sales declined 15% to $765.4m (£468.9m) while comparable store sales were down 22%.At a divisional level, comparable store sales fell 18% at Abercrombie & Fitch, 22% at Abercrombie Kids, 26% at Hollister and ...
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AnalysisHow US retailers can crack the UK market
As Victoria’s Secret becomes the latest US retail giant to focus on the UK, Lisa Berwin asks what the attraction is and how they can crack the market.
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News
Abercrombie & Fitch to enter the Italian market
Casual luxury US clothing retailer Abercrombie & Fitch has entered the Italian market, opening its first store in Milan.The flagship store trades from 32,290 sq ft spread over two floors and features a 5,380 sq ft Abercrombie Kids section. A spokesperson for the retailer said the brand should appeal to ...
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NewsHollister to debut in Scotland with Aberdeen signing
US fashion retailer Hollister is on the verge of signing for its first Scottish store at the new Aberdeen retail development Union Square.
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News
US fashion retailers struggle in second quarter
A number of clothing retailers have reported negative results in their second quarters, with only Urban Outfitters posting positive sales up against last year.Abercrombie & Fitch made a net loss of $26.7m (£16.3m) against a profit of $77.8m (£47.6m) during the same quarter last year, with total sales plummeting 23% ...
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OpinionPretty staff won’t deter shoppers, but bad service certainly will
I have walked out of stores several times because of bad service, but I have certainly never turned on my heels when faced with an attractive shop assistant.
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NewsAbercrombie & Fitch wrongfully dismissed employee
A tribunal has found that clothing retailer Abercrombie & Fitch wrongfully dismissed an employee with a prosthetic arm.
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NewsAbercrombie & Fitch axes Ruehl as it sticks to younger market
The polished and sexy world of Abercrombie & Fitch hit a rather unsightly bump in its growth plans last week as it announced it was closing its high-end Ruehl brand.
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NewsStudent alleges disability discrimination by Abercrombie & Fitch
Abercrombie & Fitch is being sued by a law student who claims she was forced to work in a stockroom because her prosthetic arm did not fit the chain’s image.
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NewsAbercrombie & Fitch to close Ruehl arm
Abercrombie & Fitch has announced it is closing its Ruehl business saying that the economic climate has hampered potential success of the upmarket brand.
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News
Abercrombie & Fitch report a net loss
Abercrombie & Fitch reported a net loss of $26.8m (£17.52m) in its first quarter to May 2 as like-for-like sales dived 30 per cent across the group.Sales at Ruehl shops plummeted 34 per cent on a like-for-like basis and the fashion retailer has now begun a strategic review of that ...
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News
Abercrombie & Fitch to cut jobs
Fashion retailer Abercrombie & Fitch is to cut 170 roles at its head office in Columbus, Ohio. The retailer will cut 9 per cent of its 2,000-strong positions to reduce costs.Abercrombie & Fitch has suffered from a downturn in sales as US consumers rein in spending. Chief financial officer Jonathan ...
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Opinion
The Retail Week – May 30, 2008
While the American economy might be heading towards recession, New York still remains the epicentre of the retail world.