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16-02-2010 |
Abercrombie profit beats Street, sales light
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Abercrombie & Fitch Co posted a higher-than-expected quarterly profit as it avoided steep discounts over the holidays and said it would lean more heavily on international markets for growth.
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15-11-2009 |
Abercrombie & Fitch profit higher than expected
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U.S. teen apparel retailer Abercrombie & Fitch posted a much better-than-expected quarterly profit helped by cost cuts and said it plans to speed up its expansion in more profitable markets overseas, sending shares up 6 percent.
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17-09-2009 |
Beyonce sued by Abercrombie & Fitch over fragrance
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Fierce is the battle against a pop diva's perfume. Abercrombie & Fitch, the apparel chain known for its racy marketing and casual look, has sued Beyonce Knowles to try and stop the singer from launching a new line of fragrances.
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07-09-2009 |
Citigroup cuts Abercrombie & Fitch to sell
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Citigroup cut teen apparel retailer Abercrombie & Fitch Co to "sell" from "hold," saying sales shortfalls at the company will likely lead to continued negative earnings revisions.
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14-08-2009 |
Abercrombie posts quarterly loss on dismal sales
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Abercrombie & Fitch Co reported a quarterly loss versus a year-earlier profit as sliding sales pummeled the teen retailer.
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17-06-2009 |
Abercrombie to close Ruehl, amends credit pact
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Abercrombie & Fitch Co said on Wednesday 17 June it will close its money-losing Ruehl chain, sending its shares up 4.6 percent on relief the clothing retailer will soon focus on core brands.
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01-06-2009 |
FBR ups Abercrombie as discounts lure customers
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Abercrombie & Fitch Co's recent clearance activity with compelling discounts is leading to increased store traffic and sales, said FBR Capital Markets, while upgrading the apparel retailer a notch to "outperform".
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18-05-2009 |
Abercrombie to cut prices; could shed Ruehl chain
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Back when the U.S. economy was humming, hip American teens would happily fork over chunks of their allowance money to sport their Abercrombie & Fitch Co and Hollister logos. How times change.
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18-05-2009 |
Penney, Abercrombie results show consumers wary
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Retailers J.C. Penney Co Inc and Abercrombie & Fitch Co posted results that showed consumers were still wary about buying non-essential items.
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13-05-2009 |
Jefferies raises Abercrombie & Fitch to buy
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Jefferies and Co upgraded Abercrombie & Fitch Co to "buy" from "hold," and said Wall Street has already drastically cut its earnings estimates for the teen clothing retailer and fundamentals are about to trough.
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01-05-2009 |
Abercrombie lays off workers at headquarters
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Abercrombie & Fitch Co is laying off 170 workers at its Ohio headquarters, a company official said on Friday 1 May, as the clothing retailer seeks to cut costs in a recession.
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23-01-2009 |
Abercrombie lays off workers in "ongoing process"
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Abercrombie & Fitch Co (ANF.N) has laid off about 50 employees at its headquarters, a spokesman said on Friday, as part of what the teen retailer called its ongoing focus on managing expenses in the recession.
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09-01-2009 |
Abercrombie full-price strategy proving a hard sell
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Abercrombie & Fitch (ANF.N) has kept its cool in a recession, selling its pricey clothing at a premium. But a steady sales decline is making investors argue the brand must be practical -- and start to discount.
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07-11-2008 |
Abercrombie hires CFO from TBWA ad agency
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U.S. teen apparel retailer Abercrombie & Fitch Co named advertising agency executive Jonathan Ramsden as its new chief financial officer on Friday, erasing a degree of uncertainty ahead of the key holiday shopping season.
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16-08-2008 |
Penney, Abercrombie beat estimates but cautious
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J.C. Penney Co Inc and Abercrombie & Fitch Co reported quarterly profits that beat Wall Street expectations on Friday, but came up short in their earnings forecasts, joining other U.S.
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