11/7/2013

Abercrombie & Fitch said Wednesday it will expand its assortment of fashions, add larger sizes and launch a footwear line in an effort to win back teens from fast-fashion rivals including H&M and Forever 21. The retailer, which reported its seventh consecutive quarter of lower same-store sales, will move faster to bring trendy styles into the stores but has no plans to become a fast-fashion brand, A&F CFO Jonathan Ramsden said.

Related Summaries