Hollister Archives - Inside Retail Asia
The long-running Hong Kong protests took a bloody turn on Sunday night when more than 45 people were injured after thugs assaulted MTR passengers
Abercrombie & Fitch sales rose for the second consecutive year as its restructure and new store format begins to pay off.
Abercrombie & Fitch is on the right road to recovery.
Positive comparable sales numbers indicate momentum at both the Abercrombie and Hollister brands for parent A&F.
Hollister sales helped drive a strong fourth quarter for parent Abercrombie & Fitch in both sales and profits.
After an extended run of decline, Abercrombie & Fitch is finally back with a market-beating 4.5 per cent uplift in total sales.
Abercrombie & Fitch says it has decided not to consider a sale of the company, ending discussions with several parties.
Same-store A&F sales fell another 10 per cent in the first quarter, driving a US$61 million loss.
Zalora will stock Abercrombie & Fitch in Asia – first Hollister, followed by Abercrombie & Fitch-branded lines.
Abercrombie & Fitch ended the year in a tailspin, with sales down by almost 7 per cent and operating profit falling 49 per cent.
By any measure, this has been a disastrous quarter for Abercrombie & Fitch sales, writes Neil Saunders.
Abercrombie & Fitch sales are back in negative territory, with the US market particularly poor.