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Abercrombie & Fitch, the well-known American fashion label, has extended its global reach with the opening of a new store in the Philippines. Nestled within the bustling SM Mall of Asia, this marks a significant milestone for the brand’s continued foray into…
Abercrombie & Fitch reported a record-breaking performance for Q2, driven in large part by a 19% sales increase from its subsidiary, Hollister. This performance prompted the company to revise its full-year sales forecast upward. However, not all was rosy, as…
With social distancing becoming the new norm due to the coronavirus pandemic, consumers have taken to digital shopping, which in turn is boosting online sales. Catching up with the current trend, the majority of retailers are improving their websites and…
Abercrombie & Fitch sales rose for the second consecutive year as its restructure and new store format begins to pay off. Comparable sales rose by 3 per cent in the year to February 2, to US$3.6 billion and operating income, after excluding extraordinary…
Abercrombie & Fitch is on the right road to recovery. Third-quarter net income is up by 133 per cent year on year, supported by a 75 per cent increase in operating profit. The company has still delivered positive comparables both overall and for each of the…
Following on from a robust fourth quarter, Abercrombie & Fitch has continued its run of success with another solid set of sales numbers. Although growth has come off the back of soft prior year comparatives, the positive comparable sales numbers are an…
After an extended run of decline, Abercrombie & Fitch is finally back with a market-beating 4.5 per cent uplift in total sales. Although the result comes off the back of a weak prior year comparable, it nevertheless provides comfort that the group’s…
Abercrombie & Fitch has announced it is launching both its Abercrombie & Fitch and Abercrombie Kids brands on Alibaba Group’s Tmall this month. Abercrombie & Fitch Tmall is China’s largest platform for brands and consumers. Through Tmall, Alibaba reports…
Abercrombie & Fitch ended the year in a tailspin, with sales down by almost 7 per cent and operating profit falling 49 per cent. The embryonic recovery seen at the start of this fiscal is now little more than a faded memory. Fortunately, the group has a…
After a short lived rally at the back end of its previous fiscal year, US apparel group Abercrombie & Fitch is now firmly back in negative territory with a weak set of sales figures at both the total and comparable level. It is particularly disappointing that…
