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Tag: abercrombie
Abercrombie & Fitch settlement approved
2015-01-05 16:56:56| Apparel - Topix.net
A federal judge recommended approval of a revised settlement of a lawsuit that challenged the pay of former Abercrombie & Fitch CEO Michael Jeffries. The action comes three months after a different judge rejected a settlement that appeared to offer few benefits to the company and "broadly released shareholders' claims," Reuters reported.
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abercrombie
Mike Jeffries' Decision To Retire Is Great News For Abercrombie & Fitch
2014-12-25 18:10:58| Apparel - Topix.net
Mike Jeffries, the CEO of Abercrombie & Fitch announced his immediate retirement from the company as the CEO and as a member of the board of directors recently. The company, under Jeffries' leadership, became a premium logo brand and managed to capture customer loyalty from its main target market - the teenagers.
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great
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mike
Mall at Steamtown to lose Abercrombie & Fitch, Hollister
2014-12-24 05:04:42| Apparel - Topix.net
Abercrombie & Fitch and Hollister Co. plan to close their stores in the Mall at Steamtown on Saturday, joining the growing list of tenants who have fled the beleaguered downtown shopping center this year.
Tags: lose
mall
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abercrombie
2 Reasons Abercrombie & Fitch Co. Stock Could Fall in 2015
2014-12-17 10:24:30| Apparel - Topix.net
Under Jeffries, who led the teen apparel retailer for over two decades, the company ceded market share to rivals, slogged through PR disasters , and lost touch with its core market. In fiscal 2013, Abercrombie's comparable sales fell 11% year-over-year -- compared to a 1% decline in 2012, 5% growth in 2011, and 7% growth in 2010.
Abercrombie & Fitch ups ante in fragrance business with new licensing deal
2014-12-16 22:54:49| Apparel - Topix.net
The New Albany-based retailer Tuesday announced a licensing agreement with Inter Parfums Inc. The New York-based company will design, produce and distribute new perfumes and fragrance-related products for men and women using the Abercrombie & Fitch and Hollister brands. "We already have a successful fragrance business and we believe that there is opportunity to grow this business further," company spokesman Michael Scheiner told me via email.
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