An apparel failure
On Wall Street, Mike Jeffries isn’t one of the cool kids anymore. The 69-year-old Abercrombie & Fitch CEO — who got blasted this spring for saying he only wanted “the...
View ArticleAbercrombie & Fitch to close Gilly Hicks stores, warns on outlook
Abercrombie & Fitch isn’t in with the cool kids anymore. The struggling mall retailer — whose CEO Mike Jeffries apologized in May for openly shunning overweight teen shoppers as he...
View ArticleAbercrombie to offer larger sizes after ‘fat’ controversy
Struggling fashion retailer Abercrombie & Fitch said it would expand sizes, colors and fits for all its styles next year, as it seeks to win back its teen customers. A&F shares fell 10.4...
View ArticleInvestor pressures Abercrombie to ditch CEO
Abercrombie & Fitch stores need a facelift —and the operation should begin with the removal of CEO Mike Jeffries, an investor says. The 69-year-old retail exec — whose face has...
View ArticleFat-shaming Abercrombie CEO wins XXXL payday
Abercrombie & Fitch has revealed some fresh ideas about plus sizes — and they don’t involve clothing. CEO Mike Jeffries — who has courted controversy by openly shunning larger-size customers...
View ArticleAbercrombie & Fitch strips Mike Jeffries of chairman title
Abercrombie & Fitch stripped CEO Mike Jeffries of his chairman duties, bowing to investor pressure to reduce his control over the struggling company. Shares of the company were up 4.8...
View ArticleAbercrombie name to shrink from clothing
The Abercrombie & Fitch logo has lost the power it once wielded. Shares of Abercrombie & Fitch Co. fell Thursday after the retailer reported weak sales as more teens shop...
View ArticleFickle teens’ tastes impact earnings for Abercrombie & Fitch
Abercrombie & Fitch’s business is bad — but it still could be worse. That was Wall Street’s glass-half-full take as the struggling teen retailer’s stock jumped as much as 6...
View ArticleAbercrombie & Fitch CEO Mike Jeffries steps down
It’s official: Michael Jeffries is no longer one of the “cool kids” at Abercrombie & Fitch. The teen retailer’s 70-year-old CEO — who courted controversy by openly favoring catering to...
View ArticleAbercrombie & Fitch selling private jet from Jeffries era
Abercrombie & Fitch is shopping its infamous corporate jet, closing the book on an unflattering chapter in the company’s history. The troubled teen retailer put the Gulfstream G550 jet on...
View ArticleAbercrombie & Fitch names new president in effort to boost sales
Struggling teen retailer Abercrombie & Fitch is one step closer to filling its vacant chief executive job. Fran Horowitz, who has led the company’s more successful Hollister brand for the past...
View ArticleA&F takes hit on fat
Most of us may agree that Abercrombie & Fitch CEO Mike Jeffries is a rude man. But is he simply rude and crude, or is he rude and shrewd? The 69-year-old preppy clothier last week shrugged off an...
View ArticleAbercrombie & Fitch posts ugly sales; stock drops 8%
Abercrombie & Fitch’s svelte customers are also starved for clothing. The pricey teen retailer — whose CEO Mike Jeffries lately has come under fire for saying he doesn’t want fat people in his...
View ArticleAn apparel failure
On Wall Street, Mike Jeffries isn’t one of the cool kids anymore. The 69-year-old Abercrombie & Fitch CEO — who got blasted this spring for saying he only wanted “the cool and popular kids”...
View ArticleAbercrombie & Fitch stock is tanking on grim financial outlook
Shares of Abercrombie & Fitch tanked more than 30% after the teen apparel retailer lowered its financial forecast, citing disappointing sales and rising costs.
View ArticleEx-Abercrombie & Fitch CEO Mike Jeffries accused of running ‘well-oiled...
Ex-Abercrombie & Fitch CEO Mike Jeffries is facing allegations of sexual exploitation after eight men claimed that he headed an elaborate scheme to recruit them for sex events.
View ArticleFBI probes ex-Abercrombie & Fitch CEO Mike Jeffries over claims he sexually...
The FBI has reportedly opened a criminal investigation into Abercrombie & Fitch’s disgraced ex-CEO Mike Jeffries after he was accused of orchestrating elaborate sex events to exploit and sexually...
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