Gilly Hicks news and archive

Hollister and Gilly Hicks unveil new merged store concept

Hollister Co. and its sister brand Gilly Hicks have unveiled a new store concept alongside one another at Liverpool One. The duo first revealed the plans for the combined store in February 2023, with the retail space having now officially opened, seeing the Abercrombie & Fitch-owned brands come under one roof. In a 7,300 square foot location,...

Retail

Hollister and Gilly Hicks to open combined prototype store

Abercrombie & Fitch Co., the parent company of teen retailers Hollister and Co. and Gilly Hicks, has announced it is opening a new combined prototype store for the brands at Liverpool One in the UK. The new store, slated to open this summer, will occupy a new space on South John Street and will showcase a new combined space bringing the...

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Gilly Hicks opens first solo retail location in the UK

Gilly Hicks, part of the Abercrombie & Fitch group, has opened its new Carnaby Street flagship store in London to mark the brand’s first standalone store in the UK. Located at 39 Carnaby Street, the Gilly Hicks flagship opening is part of the brand’s growth strategy to expand its product assortment, enhance its digital experience, and its “...

Business

Abercrombie & Fitch targets revenues of 4.1 to 4.3 billion dollars by FY2025

As part of its Always Forward Plan, Abercrombie & Fitch Co. anticipates annual revenues of 4.1 billion dollars to 4.3 billion dollars and an annual operating margin rate at or above 8 percent by the end of fiscal 2025. In the longer-term, the company believes it can reach 5 billion dollars of annual revenues and an annual operating margin rate...

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Gilly Hicks to open standalone store on London’s Carnaby Street

Gilly Hicks, part of the Abercrombie & Fitch group, has announced that it is reintroducing standalone stores in Europe, the Middle East and Africa, following the successful rollout of its new concept store in Columbus, Ohio, last year. The retailer will open a standalone store on London’s Carnaby Street this summer, as part of its plans to “...

Business

Abercrombie & Fitch holiday sales hit by transportation delays

For the fourth quarter of fiscal 2021, Abercrombie & Fitch Co. expects net sales up in the range of 4 percent to 6 percent compared to 2020 net sales of 1.122 billion dollars and flat to down 2 percent compared to 2019 net sales of 1.185 billion dollars, reflecting ongoing U.S. and digital momentum. The company said in a release that the prior...

Business

Abercrombie & Fitch Q2 net sales up 24 percent

Abercrombie & Fitch Co. said net sales of 865 million dollars for the second quarter, were up 24 percent compared to last year and up 3 percent as compared to pre-Covid 2019 second quarter net sales. Digital net sales of 376 million dollars decreased 3 percent compared to last year and increased 52 percent compared to pre-Covid 2019 second...

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Gilly Hicks goes gender-inclusive and unveils new store concept

American lifestyle brand Gilly Hicks, a division of Abercrombie and Fitch Co., has unveiled its first gender-inclusive collection, alongside a new visual identity as part of its ongoing growth strategy. As part of its brand evolution, Gilly Hicks is introducing underwear, loungewear and activewear in patterns and colours to “match everyone’s...