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Abercrombie & Fitch expands e-commerce ops across Asia
2015-01-07 12:24:00| Daily apparel & textile news and comment - from just-style.com
Teen apparel retailer Abercrombie & Fitch Co is using the Demandware Commerce platform to power the expansion of its digital retail operations across Asia.
Tags: asia
ecommerce
ops
expands
Abercrombie & Fitch settlement approved
2015-01-05 16:56:56| Apparel - Topix.net
A federal judge recommended approval of a revised settlement of a lawsuit that challenged the pay of former Abercrombie & Fitch CEO Michael Jeffries. The action comes three months after a different judge rejected a settlement that appeared to offer few benefits to the company and "broadly released shareholders' claims," Reuters reported.
Tags: approved
settlement
fitch
abercrombie
2 Reasons Abercrombie & Fitch Co. Stock Could Fall in 2015
2014-12-17 10:24:30| Apparel - Topix.net
Under Jeffries, who led the teen apparel retailer for over two decades, the company ceded market share to rivals, slogged through PR disasters , and lost touch with its core market. In fiscal 2013, Abercrombie's comparable sales fell 11% year-over-year -- compared to a 1% decline in 2012, 5% growth in 2011, and 7% growth in 2010.
Abercrombie & Fitch ups ante in fragrance business with new licensing deal
2014-12-16 22:54:49| Apparel - Topix.net
The New Albany-based retailer Tuesday announced a licensing agreement with Inter Parfums Inc. The New York-based company will design, produce and distribute new perfumes and fragrance-related products for men and women using the Abercrombie & Fitch and Hollister brands. "We already have a successful fragrance business and we believe that there is opportunity to grow this business further," company spokesman Michael Scheiner told me via email.
COMMENT: Challenge awaits Abercrombie & Fitch CEO replacement
2014-12-10 14:44:00| Daily apparel & textile news and comment - from just-style.com
Abercrombie & Fitch's stock rose 6.7% yesterday (9 December) on the news its long-serving and often controversial CEO Mike Jeffries had stepped down. The move follows several quarters of lacklustre sales for the group and opens up something of a challenging role for his replacement.
Tags: comment
challenge
replacement
ceo
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