Latest Articles
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Hollister And The DTC Segment To Help Tide Over A Tough Second Quarter For Abercrombie
After a mixed couple of weeks for retail companies, it’s Abercrombie & Fitch ‘s (NYSE:ANF) turn to report its second quarter earnings. Given the weakness in the apparel retail market, as well as the poor past performance of the c...
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Abercrombie’s Stock Plummets As Merger Talks Fail
Shares in Abercrombie & Fitch (NYSE:ANF) fell 21% on Monday when the company announced that deal talks were off, confirming an earlier report by the Wall Street Journal . The company had announced in May that it was exploring the possibilit...
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Another One Bites The Dust In The Apparel Retail Industry
True Religion became the latest casualty in the hard-hit retail industry, as it filed for bankruptcy, and intends to close at least 27 of its 140 stores in the US. The company has also requested permission to cancel 29 leases, and has a deal in ...
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Is Abercrombie Attractive At Its Current Valuation?
Shares in US retailer Abercrombie & Fitch (NYSE:ANF) have been trading at their lowest level since 2000. The stock price has been trending downwards for a number of years, reflecting the poor sales and earnings generated by the company. Onc...
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Is Automation The Need Of The Hour In The Apparel Manufacturing Industry?
The apparel industry seems to have shied away from the technology revolution hitting just about every other industry. Despite substantial engineering advances, this industry is as labor-intensive today as it was a century ago. As the demand for i...
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Is A Wave Of Consolidation About To Hit The Fashion Retail Industry?
Recent reports suggest that American Eagle Outfitters (NYSE:AEO) is considering a potential acquisition of Abercrombie & Fitch (NYSE:ANF). Both these brands are focused on teen and young adult apparel, and are largely located in malls acr...
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Sales Slide Continues For Abercrombie
Abercrombie & Fitch (NYSE:ANF) reported a decline in sales and earnings in its first quarter, in line with the company’s expectations. The sales fall of 3.6% beat expectations, but the earnings decline to -$0.91 missed by 21 cents. Com...
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Improvement In Hollister May Not Be Enough To Drive Sales Growth For Abercrombie
Abercrombie & Fitch (NYSE:ANF) is set to report its first quarter results (three months ended April 2017) on May 25, 2017. It is expected to be a tough quarter for the company, with its earnings and revenue expected to be sharply down from t...
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Is Abercrombie & Fitch Up For Sale?
Apparel retailer Abercrombie & Fitch (NYSE:ANF) is reported to be working with investment bank Perella Weinberg to deal with takeover interest, sources told Reuters. With the company’s shares trading at a 17-year low, the time for a b...
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Can 2017 Be A Good Year For Retail Stocks?
Declining mall traffic and low prices offered by fast fashion retailers have been crushing apparel retailers. Recent years have been hard for these companies, with some even filing for Chapter 11 bankruptcy, such as Quicksilver in September 2015,...
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Can Abercrombie & Fitch’s Stock Price Recover From Its Plunge?
Over a month has passed since Abercrombie & Fitch (NYSE:ANF) declared its fourth quarter earnings. Since then the stock price of the company has been trending downwards, after an initial euphoria on the improving metrics at its Hollister br...
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Why Is Abercrombie & Fitch Partnering With Zalora?
Abercrombie & Fitch (NYSE:ANF), on April 10, announced a partnership with online fashion retailer Zalora, that has a presence in 11 countries, including Singapore, Thailand, Indonesia, Hong Kong, and the Philippines. The US retailer will sta...
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Why Did Abercrombie’s Shares Rise Despite Missing Fourth Quarter Consensus Estimates?
Apparel retailer Abercrombie & Fitch (NYSE:ANF) posted its f ourth quarter and financial year (ended January 2017) results on March 2, wherein it reported a 7% fall in sales, its 16th straight quarterly sales decline. The company missed con...
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Another Tough Quarter In The Cards For Abercrombie & Fitch
Abercrombie & Fitch (NYSE:ANF) is set to report its fourth quarter and financial year (ended January 2017) results on March 2, 2017. This is the first earnings to be reported by the company since it named a new CEO, Fran Horowitz, who was be...
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Retail Companies Get A Boost Amid Border Tax Reform Complications
President-elect Donald Trump may have killed the Republicans’ version of corporate tax reform, which had been pitched as an alternative to his proposed import tariffs. This measure, called a border adjustment, would tax imports and exempt ...