Abercrombie & Fitch was “the brand of the moment” a decade and a half ago. Sales of its preppy clothes had jumped into the billions, teens had ranked it as the sixth-coolest brand and its newly launched surfer-lifestyle line, Hollister & Co., was an instant sensation. But now, with stores like H&M and Zara turning white tees into fashionable pieces, Abercrombie wants to win back its base. The retailer reported its 10th straight decline in quarterly sales on Thursday, with net sales decreasing by 6% to $891 million, according to an earnings conference call.

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BING NEWS:
  • The turnaround of Abercrombie & Fitch is finally here
    S&P Global Ratings on Tuesday raised its issuer credit rating on Abercrombie & Fitch Co. to BB from BB-, citing last year’s strong sales, margin expansion, inventory management, pricing power ...
    04/23/2024 - 1:00 pm | View Link
  • Abercrombie & Fitch is having a sale on activewear — save 25%, but only until tonight
    And nothing makes me feel better than a cute workout set. Is that just me? If you feel the same, you'll be happy to know Abercrombie & Fitch is having a sale on its YPB activewear right now. You can ...
    04/22/2024 - 6:48 am | View Link
  • Abercrombie & Fitch’s New Wedding Shop Is a One-Stop Shop for Brides, Bridesmaids and Wedding Guests
    Abercrombie & Fitch's new bridal shop is a win for all brides. The shop offers outfits for bachelorette parties, bridal showers, second wedding looks, rehearsal dinners and more. A&F doesn't have ...
    04/17/2024 - 11:03 am | View Link
  • The best spring wedding guest dresses can be shopped at Abercrombie & Fitch for under $145
    You need a gift, a card and some comfortable shoes, for sure, but you’ll also want a trendy outfit for the fête, and you’re sure to find it at Abercrombie & Fitch’s wedding shop — where ...
    04/15/2024 - 10:30 pm | View Link
  • Abercrombie & Fitch: Sell Rated As Valuation Is Too High
    Abercrombie & Fitch is recommended as a sell due to its high valuation and uncertainty in predicting fashion trends. ANF has seen strong growth momentum, with same-store sales increasing and gross ...
    04/9/2024 - 11:05 am | View Link
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