Chains like Forever 21 and H&M have dramatically slashed the price of clothing in the past decade.
The company has been testing putting outposts of its kids clothing chain in stores meant for teens and adults. Critics question whether it’ll interfere with its other strategy of attracting college-age shoppers.
Mike Jeffries, who built up Abercombie’s sex-meets-Ivy League aesthetic in the 90s, is the focus of a shareholder lawsuit claiming poor governance at the fashion chain.
“We are clearly disappointed with our results for the third quarter,” Abercrombie & Fitch’s CEO Mike Jeffries said. Sales at the fashion chain dropped by 7% in the U.S., and 15% internationally.
Add me on AIM but don’t tell me how to f33l.
Calling all Marissa Cooper wannabes.
The retailer, which is pursuing a turnaround, conveys a new image in its quarterly filing. “Idolized and respected” have been swapped for “confident and engaging.”
Abercrombie hopes its version of America resonates more in China, as its brands keep losing steam in the U.S. and Europe.
The teen retailer’s stock jumps after exceeding analysts’ low expectations for the fourth quarter, but its stores are still struggling mightily in the U.S. and Europe.
Controversial Abercrombie CEO Mike Jeffries, whom an activist investor has been pressuring to oust this past week, isn’t going anywhere yet.
Hollister will test stores with glass storefronts in early 2014. Parent company Abercrombie & Fitch noted today that Generations Y and Z don’t covet exclusivity like their predecessors.
In a tough quarter for rivals American Eagle and Aeropostale, Abercrombie fares no better. CEO blames the economy.
A Colorado judge orders Abercrombie & Fitch’s Hollister chain to modify the stepped entrances at about half of its stores by Jan. 1, 2017.
The original marketing campaign from the early 2000s featured then-rising stars Taylor Swift, Ashton Kutcher, and others.This one has actors from Glee, The Hunger Games, and dogs!
Your first social network was instant messaging, your brand-new jeans came with holes, and you somehow survived without unlimited texting. This is your story.
Ah, summer in New York. The season of movies in the park, weekends in the Hamptons, and models standing nearly naked on street corners. For those of you not lucky enough in a town with a Hollister, each summer, the clothing store hires hunky young gentleman and pays them… to stand around and do nothing. Despite what you might think, though, they actually have quite a lot to say, from creepy stories to great advice.