Even though Abercrombie and Fitch has gained more revenue 2nd quarter and had a total net income of $19.5 million, A&F will be closing 60 U.S. stores in order to maintain its success. They are looking to expand its market in other countries. In the next few years, A&F will open Abercrombie and Fitch stores in Denmark and Japan and 20 Hollister stores in other countries. However, A&F will also open more Abercrombie, Hollister and Gilly Hicks stores in the U.S. as well.
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