A&F news and archive

Zalora's deal, a boost for ailing Abercrombie & Fitch's shares

Both business and stock trading at Abercrombie & Fitch have been a reason for concern for the company. Its just announced deal with Zalora, a leading Asian e-commerce platform, has been coined by many in the market as a much needed boost. Market sources consulted by FashionUnited point out that this move clearly responds to Abercrombie & Fitch’s...

BusinessFeatured

Hollister breaks years of declining sales: new growth engine for Abercrombie & Fitch

Hollister, the younger sister of Abercrombie & Fitch, has turned to be the growth engine for the teen apparel group, driving sales upwards and therefore breaking a three-year consecutive declining in-store sales. Hollister has stolen the limelight from formerly youngsters’ favourite Abercrombie & Fitch. Over the fourth quarter, the group...

Fashion

A&F´s shares down by 11% after 3Q´s $50.9 million

Abercrombie & Fitch Co. reported unaudited results which reflected net income of $50.9 million and net income per diluted share of $0.57 for the thirteen weeks ended October 29, 2011, lower than expected y market, what sent its shares down by nearly 11%. "While our results for the third quarter were impacted by costing challenges combined with...

Apparel

A&F mulls India entry

Casual luxury brand Abercrombie & Fitch is exploring opportunities to enter India. Among its products are hoodies, shorts, T-shirts, polos, jeans, trousers, shirts, caps, sunglasses etc and other accessories. It is one of the most popular clothing companies catering to America’s youth culture. It focuses on consumers from 18 to 22 ages. The...