A&F Closes 60 U.S. Stores

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.

Source: 1

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s