Latest Articles
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Hollister To Drive Improvement For Abercrombie & Fitch In The Third Quarter
Abercrombie & Fitch (NYSE:ANF) is set to release its third quarter results on November 17, wherein a marginal fall in revenues and a massive improvement in earnings is expected. In a surprising development, teen retailers did not do as badly...
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Another Retailer Falls Prey To Bankruptcy
The bankruptcy filing by Toys R Us last month, that took many by surprise, was just the latest in a hard-hit retail industry. The company became another casualty of the rise of online shopping, as well as the proliferation of discount stores. How...
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Finally Some Good News In The Retail Industry
Consumer sentiment is on the rise heading into the holiday season, a sign that bodes well for the plagued retail industry. According to the University of Michigan Surveys of Consumers, the sentiment surged in early October, to a level not seen si...
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Abercrombie & Fitch Looks To The East For Growth
Abercrombie & Fitch (NYSE:ANF), known earlier for its topless models and sexualized advertising, is delving deeper into the Middle East in its search for growth. The brand, in December 2015, announced the opening of its first store in the UA...
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Is Abercrombie’s Stock Price Rally Justified?
Abercrombie & Fitch’s (NYSE:ANF) share price has been soaring since its second quarter results announcement on August 24. In fact, the stock’s upward trajectory had started a couple of days prior to its earnings, buoyed on by the ...
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Hollister Helps Abercrombie Beat Estimates
In a surprising development, teen retailers this time around have not done as badly as anticipated. Abercrombie & Fitch (NYSE:ANF) joined a list of retailers, including American Eagle, Urban Outfitters, Gap, and Express, that have beaten bo...
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Hollister And The DTC Segment To Help Tide Over A Tough Second Quarter For Abercrombie
After a mixed couple of weeks for retail companies, it’s Abercrombie & Fitch ‘s (NYSE:ANF) turn to report its second quarter earnings. Given the weakness in the apparel retail market, as well as the poor past performance of the c...
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Abercrombie’s Stock Plummets As Merger Talks Fail
Shares in Abercrombie & Fitch (NYSE:ANF) fell 21% on Monday when the company announced that deal talks were off, confirming an earlier report by the Wall Street Journal . The company had announced in May that it was exploring the possibilit...
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Another One Bites The Dust In The Apparel Retail Industry
True Religion became the latest casualty in the hard-hit retail industry, as it filed for bankruptcy, and intends to close at least 27 of its 140 stores in the US. The company has also requested permission to cancel 29 leases, and has a deal in ...
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Is Abercrombie Attractive At Its Current Valuation?
Shares in US retailer Abercrombie & Fitch (NYSE:ANF) have been trading at their lowest level since 2000. The stock price has been trending downwards for a number of years, reflecting the poor sales and earnings generated by the company. Onc...
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Is Automation The Need Of The Hour In The Apparel Manufacturing Industry?
The apparel industry seems to have shied away from the technology revolution hitting just about every other industry. Despite substantial engineering advances, this industry is as labor-intensive today as it was a century ago. As the demand for i...
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Is A Wave Of Consolidation About To Hit The Fashion Retail Industry?
Recent reports suggest that American Eagle Outfitters (NYSE:AEO) is considering a potential acquisition of Abercrombie & Fitch (NYSE:ANF). Both these brands are focused on teen and young adult apparel, and are largely located in malls acr...
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Sales Slide Continues For Abercrombie
Abercrombie & Fitch (NYSE:ANF) reported a decline in sales and earnings in its first quarter, in line with the company’s expectations. The sales fall of 3.6% beat expectations, but the earnings decline to -$0.91 missed by 21 cents. Com...
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Improvement In Hollister May Not Be Enough To Drive Sales Growth For Abercrombie
Abercrombie & Fitch (NYSE:ANF) is set to report its first quarter results (three months ended April 2017) on May 25, 2017. It is expected to be a tough quarter for the company, with its earnings and revenue expected to be sharply down from t...
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Is Abercrombie & Fitch Up For Sale?
Apparel retailer Abercrombie & Fitch (NYSE:ANF) is reported to be working with investment bank Perella Weinberg to deal with takeover interest, sources told Reuters. With the company’s shares trading at a 17-year low, the time for a b...