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Teens turn backs on chains that court them

2014-12-14 16:40:46| Apparel - Topix.net

The longtime CEO of Abercrombie & Fitch abruptly retired last week a week after the retailer posted an 11.5 percent quarterly sales drop and slashed its annual profit forecast. And American Eagle and Aeropostale gave dismal forecasts for this quarter - which includes the holiday shopping season - after each posted weak sales in the fall.

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