It’s no secret that the big three American specialty teen retailers — Abercrombie & Fitch, Aéropostale and American Eagle — are in deep trouble. What can they do to save themselves?
The U.S. Supreme Court will hear the case of a Muslim teenager who was denied a job at Abercrombie & Fitch Co. because she wore a head scarf, in a clash over religious discrimination in the workplace.
Recent surveys have found that members of the U.S. Millennial Generation — the roughly 80 million Americans born between 1977 and 2000 — pride themselves on their individuality, and shop accordingly.
The Abercrombie & Fitch logo has lost the power it once wielded. Shares of Abercrombie & Fitch Co. fell Thursday after the retailer reported weak sales as more teens shop elsewhere.
NEW YORK, United States — Abercrombie & Fitch Co., the teen apparel chain that’s retooling its image in an effort to revive sales growth, named a British retail executive as the new president for its namesake brand.
NEW YORK, United States — Michael S. Jeffries, the Abercrombie & Fitch Co. chief executive officer who was paid $48.1 million in 2011, got 95 percent less last year after the company’s board tried to placate shareholders who twice slammed its executive pay structure.
While losing ground to competitors, Abercrombie & Fitch still has tremendous brand potential. But to get things back on track, the company must adjust its approach to product, merchandising, marketing and retail, argues Marcellus Neel.
NEW YORK, United States — After years of resisting pressure to ditch Abercrombie & Fitch Co.’s outdated strategy, Chief Executive Officer Mike Jeffries is relenting.
NEW YORK, United States — Abercrombie & Fitch Co. named four new independent directors to its board after forging a truce with activist investor Engaged Capital LLC, which had sought a management shakeup at the teen retail chain.