Abercrombie & Fitch jobs
Abercrombie & Fitch targets revenues of 4.1 to 4.3 billion dollars by FY2025
As part of its Always Forward Plan, Abercrombie & Fitch Co. anticipates annual revenues of 4.1 billion dollars to 4.3 billion dollars and an annual operating margin rate at or above 8 percent by the end of fiscal 2025. In the longer-term, the company believes it can reach 5 billion dollars of annual revenues and an annual operating margin rate...
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Facebook launches new way to shop with major brands
Facebook has launched “Live Shopping Fridays” allowing customers to shop cosmetics and fashion brands via a live stream. During the summer period, customers will be able to get a close-up look at new products, ask for advice and make comments. Facebook also hopes that the live shopping experience will offer the chance for brands to build...
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Abercrombie & Fitch elects Kenneth Robinson to its board of directors
Abercrombie & Fitch Co. has announced the election of Kenneth (Ken) Robinson as a Director, effective February 4, 2021. Robinson, the company said, will serve as a member of the board’s audit and finance committee. He was most recently senior vice president, audit and controls for Exelon Corporation, an energy company with the largest number of...
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Abercrombie & Fitch names Holly May as Chief Human Resource Officer
Abercrombie & Fitch Co. has appointed Holly May as its Chief Human Resources Officer. In this role, the company said, May leads the company’s global human resources function and strategy, including talent management and leadership development, diversity and inclusion, compensation and benefits, and all other facets of organizational, talent and...
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Abercrombie & Fitch expects online growth to drive better Q4 results
In its updated fourth quarter 2020 plan, Abercrombie & Fitch Co. said, it now expects net sales to decline in the 5 percent to 7 percent range versus plan of down 5 percent to down 10 percent, reflecting ongoing digital momentum offset by store closures and capacity restrictions in North America and EMEA. The company anticipates gross profit...
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Abercrombie & Fitch appoints two new independent board members
Abercrombie & Fitch Co. has announced the election of two new independent board members, Susie Coulter and James A. Goldman, effective May 20, 2020. Additionally, the company said in a statement, James Bachmann’s term on the board of directors ended immediately prior to the company’s annual meeting after serving for nearly 17 years. With these...
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Abercrombie & Fitch reaffirms Q4 estimates
Abercrombie & Fitch Co. reaffirming its outlook for the fourth quarter of fiscal 2019 said that the company expects net sales to be in the range of flat to up 2 percent, reflecting an adverse impact from changes in foreign currency exchange rates of approximately 5 million dollars, comparable sales to be in the range of flat to up 2 percent,...
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Abercrombie & Fitch Co. expands operations in global markets
Abercrombie & Fitch Co. has announced plans for expansions Europe, the Middle East and Africa. The company is opening new stores for its brands in major cities in these key markets as part of an expansion strategy that has already started. In the UK, the company is introducing new stores to the Westfield London, the largest shopping destination...
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Abercrombie & Fitch Co. introduces Instagram purchase option
Abercrombie & Fitch is expanding the ways in which customers can make online purchases. Along with launching its Klarna partnership in the U.S. this week to allow shoppers to pay in installments, the Gen Z-focused retailer now allows shoppers to pay for items through Instagram. Customers can now shop the company's Abercrombie & Fitch and...
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Abercrombie & Fitch hires senior executives to lead EMEA and APAC regions
Abercrombie & Fitch Co. has announced the appointment of two key senior executives to lead its Europe, Middle East, and Africa (EMEA) and Asia-Pacific (APAC) regions. The company said in a statement that Daniel Le Vesconte and Olga Wu recently joined A&F Co. as Group Vice Presidents, overseeing the company’s EMEA and APAC operations,...
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Abercrombie & Fitch announces new sustainability targets
Abercrombie & Fitch has jumped on the sustainability bandwagon. The global apparel retailer has joined over 9,900 other companies in participating in the United Nations Global Compact, a voluntary initiative based on CEO commitments to universal sustainability principles. Along with its participation in the United Nations Global Compact,...
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Abercrombie & Fitch appoints Felix Carbullido as Director
Abercrombie & Fitch Co. has announced the election of Felix Carbullido as an independent director, effective August 5, 2019. The company said, with Carbullido’s election, its board expands to 11 directors. Commenting on the appointment, Abercrombie & Fitch Co. Chairman of the board, Terry Burman, said in a statement: “Felix brings more than 30...
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