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Tag Archive: Europe retail

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 …

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Jan
02

GPS UK: As Holiday Dust Settles 75% off is Name of the Game

Evolution of a Sweater: Weekend #1 30% off

GPS UK: As the Holiday Dust Settles 75% off is the Name of the Game International has not exactly been a bright spot in Gap’s turnaround. The 2-year comp average has hovered around -10% during the past 6 months and our UK store checks for December reveal inventory levels of discounted product remain high post …

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