Abercrombie & Fitch’s omnichannel sales grow 7.8% in Q1
Zak Stambor
Amid the swirling rumors that Abercrombie & Fitch Co. may be for sale, the retail chain today reported a 3.6% dip in its fiscal first quarter revenue. Those results reflected a tough retail environment in which Abercrombie felt the need to be “aggressively promotional,” says CEO Fran Horowitz. While she expects those conditions to continue in […]