Teen clothing seller Abercrombie & Fitch Co. plans to close 180 U.S. stores over the next few years as it tries to improve its financial performance.
Abercrombie used to generate most of its sales in the U.S. but has shifted its focus to overseas markets such as Europe and Asia, where it is still growing.
The chain has already closed 135 underperforming U.S. stores over the past two years. Full story here!
3 comments:
Seems to me that Hollister has taken over this niche. The young type of gay (and straight, frankly) 20-somethings one used to see wearing A&F are now all dressed in Hollister. Just an observation.
Or maybe consumers are finally getting smart and saying NO to paying 90$ for a fucking t-shirt
Just an observation....
Baggy, ugly, boxy clothing. Perhaps they should go for the lesbian market instead of gay men?
Post a Comment