A&F news and archive

Abercrombie & Fitch back on track after smaller-than-expected Q2 loss

The popular teen apparel chain has started to see the light at the end of the tunnel after posting a significantly smaller-than-expected loss in the second quarter. The group has much to thank its younger brand, Hollister, for this initial recovery. Second-quarter results have been a soothing bath for the retailer, which announced in early July...

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Abercrombie & Fitch shares rally on potential bid news

Shares of Abercrombie & Fitch were trading higher Wednesday afternoon on reports that there may be an offer for the teen retailer. Its competitor American Eagle Outfitters and private-equity company Cerberus are reported to be working on a takeover bid. According to Dow Jones, A&F’s rival American Eagle Outfitters would have joined forces with...

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Zalora's deal, a boost for ailing Abercrombie & Fitch's shares

Both business and stock trading at Abercrombie & Fitch have been a reason for concern for the company. Its just announced deal with Zalora, a leading Asian e-commerce platform, has been coined by many in the market as a much needed boost. Market sources consulted by FashionUnited point out that this move clearly responds to Abercrombie & Fitch’s...

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Hollister breaks years of declining sales: new growth engine for Abercrombie & Fitch

Hollister, the younger sister of Abercrombie & Fitch, has turned to be the growth engine for the teen apparel group, driving sales upwards and therefore breaking a three-year consecutive declining in-store sales. Hollister has stolen the limelight from formerly youngsters’ favourite Abercrombie & Fitch. Over the fourth quarter, the group...

Business

Abercrombie & Fitch margins to shrink as cotton prices rise

Analysts at Trefis highlight in a note to investors that Abercrombie & Fitch‘s (NYSE:ANF) overall EBITDA (earnings before interest tax depreciation & amortization) margins have trended in a wayward manner over the past five years. As pinpointed in a market research note Tuesday, Trefis analysis team covering the stock said that from 24.6 percent...