View Post

Report: Abercrombie & Fifth Hired Goldman Sachs to Seek “Strategic Alternatives”

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

New Albany, OH—Abercrombie & Fitch has reportedly retained Goldman Sachs to help it seek “strategic alternatives.” The move comes at the behest of one of its activist investing fund Relational Investors, which increased its stake in Abercrombie & Fitch in the second quarter, and reportedly sought cost-cutting measures and curtailed …

View Post

Q1 Profits Up: Abercrombie & Fitch, Chico’s, BJ’S Wholesale Club

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

Abercrombie & Fitch Q1 Profits Exceed Forecast On Improved Margins, International Business New Albany, OH–Abercrombie & Fitch reported better-than-expected first-quarter results aided by improved margins and international business. For the quarter ended April 30, Abercrombie reported income of 28 cents a share on sales of $836.7 compared to a net …