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

In Reports, What's New, Industry News by Accessories Staff

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 …