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The company rose to popularity in the '90s and '00s under CEO Mike Jeffries. After lawsuits, a sales decline spanning years, and hundreds of shuttered stores, Jeffries stepped down in 2015.
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Abercrombie & Fitch expects lower margins in 2022 as the retailer struggles with supply issues and increased costs, despite a good recovery last year.
Abercrombie & Fitch expects lower margins in 2022 as the clothing retailer struggles with supply issues and increased costs, despite a good recovery last year.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.