_abercrombie-amp-fitch-ceo-plans-to-expand-with-men39s-suit-collection-after-women39s-wedding-attire-success.jpg "Abercrombie & Fitch CEO Plans to Expand with Men's Suit Collection After Women's Wedding Attire Success from playstation price tag Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 325K times
✓ Published: 31-May-2024
👁 View: 325K times
✓ Published: 31-May-2024
Description:
Abercrombie & Fitch CEO Fran Horowitz wants to capitalize on the success of the company's women's wedding attire business by launching a new men's suit collection. The company's first quarter same-store sales rose by double digits for both its Abercrombie & Fitch and Hollister brands, beating analyst estimates. Profit margins also expanded significantly. Analysts were impressed with Abercrombie & Fitch's ability to sell products at full price and control inventory in the current retail environment. The company plans to open more stores in the US by the end of the year and ramp up growth initiatives in international markets like Germany and the UK. Shares of Abercrombie & Fitch jumped 22%.
Abercrombie & Fitch CEO Fran Horowitz wants to capitalize on the success of the company's women's wedding attire business by launching a new men's suit collection. The company's first quarter same-store sales rose by double digits for both its Abercrombie & Fitch and Hollister brands, beating analyst estimates. Profit margins also expanded significantly. Analysts were impressed with Abercrombie & Fitch's ability to sell products at full price and control inventory in the current retail environment. The company plans to open more stores in the US by the end of the year and ramp up growth initiatives in international markets like Germany and the UK. Shares of Abercrombie & Fitch jumped 22%.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_i-bought-every-playstation-ever.webp "Mrwhosetheboss")
_don39t-buy-a-playstation-portal-until-you-see-this.webp "John Glasscock")
_home-sellers-slashing-prices-at-fastest-rate-in-nearly-two-years-what39s-going-on.webp "A look at weekly and monthly data could show that homes for sale are seeing price cuts and fewer people are buying new homes, as consumers continue to grapple with high mortgage rates. Median sale prices hit records in the month of May 2024. Data points to the highest number of price cuts in nearly two years, which could suggest struggles ahead.")
_sony-playstation-the-price-heard-around-the-world-92342999234-e3-1995-keynote.webp "SoldierMWS")
⏲ 51 seconds 👁 495.2K
_i-bought-every-playstation-ever.jpg)
_don39t-buy-a-playstation-portal-until-you-see-this.jpg)
_home-sellers-slashing-prices-at-fastest-rate-in-nearly-two-years-what39s-going-on.jpg)
_sony-playstation-the-price-heard-around-the-world-92342999234-e3-1995-keynote.jpg)
![[+]](/images/menu.gif){kind=small}