_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 hony rose 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: 315K times
✓ Published: 31-May-2024
👁 View: 315K 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
_fed-reserve-president-kashkari-wants-39many-more-months39-of-inflation-progress-before-cutting-rates.webp "Fed Reserve President Neel Kashkari said the central bank should wait for significant progress on bringing down inflation before cutting interest rates. Kashkari wants \")
⏲ 0:40 👁 385K
_despacito-trends-blackpink-edits.webp "ENJOY THE SHORT<br/>FOR MORE SHORT MESSAGE ME IN INSTAGRAM<br/>LINK=https://youtube.com/shorts/pb6bhwuAum4?si=Cd7ZGnVNsEQZ5Plv")
_two-reliable-handsome-guys-shotshort-drama-rose.webp "Two reliable handsome guys shotshort drama Rose")
_fed-reserve-president-kashkari-wants-39many-more-months39-of-inflation-progress-before-cutting-rates.jpg)
_despacito-trends-blackpink-edits.jpg)
_two-reliable-handsome-guys-shotshort-drama-rose.jpg)
![[+]](/images/menu.gif){kind=small}