Twitter RSS

Tag Archive: abercrombie

Jan
02

ANF; Will Santa Deliver a Resignation?

original publish date Dec 3 2013 Activist investor Engaged Capital came out with a public plea to Abercrombie & Fitch’s(ANF) board today: Please get rid of CEO Mike Jeffries. The letter issued to the companyu’s board stated facts as obvious as the sky is blue, including a history of bad business decisions and personal public bad behavior, …

Continue reading »

Dec
03

Nordstrom: a Retail BOGO?

original publish date Nov 14 There’s confirmation from Wal-Mart (WMT) and Kohl’s (KSS): all of retail is not winning. As we talked about yesterday on “Power Lunch,” a few good retail reports don’t make a holiday season. Here is the deal. Companies that are surprising to the upside are best in class (L Brands (LTD), …

Continue reading »

Dec
03

When Will ANF CEO Take his Flip-Flops and Go Home?

originally published Nov 6 Abercrombie & Fitch (ANF) CEO Mike Jeffries is making former J.C. Penney (JCP) CEO Ron Johnson look good. The teen retailer dropped another bomb today. Third-quarter comps decreased 14% in the U.S. and 15% internationally. And its Gilly Hicks lingerie concept is “game over” to the tune of $90 million in …

Continue reading »

May
29

ANF: Not Buying Inventory Excuse in Europe

abercrombie

What was all that talk about a sequential improvement in Abercrombie & Fitch’s (ANF) international business last quarter? Turns out that must have been fleeting because Abercrombie reported first-quarter total same-store sales fell 15%. The U.S. was bad, down 14%, but international was downright ugly, falling 16%. I’m just relieved that all my talk about …

Continue reading »

Mar
18

Retailers Jump on Kate’s Baby Bandwagon

baby UGGS

A recent panel at Retail Week’s annual conference tackled the topic, “The Kate Effect,” and that got me thinking about which retailers will be riding Kate’s baby’s coattails? Since the Royal Wedding, every retail brand has been praying for Kate Middleton to grace the streets of London with an outfit, a pair of shoes or …

Continue reading »

Older posts «