Abercrombie
This coverage examines Abercrombie and Fitch’s strategic evolution and performance within the UK retail sector. Reporting highlights its expansion plans to double UK store presence by the end of 2025, digital transformation efforts under the ‘Always Forward Plan’, financial performance including a 16% increase in net sales reaching $4.95bn (£3.65bn), and leadership initiatives aimed at brand repositioning. Insights are tailored for retail executives, brand managers, and professionals monitoring apparel retail, omnichannel strategy, and brand revitalisation.
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Nov- 2020 -24 NovemberClothing & Shoes
Abercrombie & Fitch to close seven flagship stores
Abercrombie and Fitch has announced it is planning to close its flagship stores in London and six further cities in a bid to restructure the business. The move forms part of its “ongoing global store network optimization initiative”, as well as its reported goal of repositioning from larger format, tourist-dependent…
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Oct- 2019 -22 OctoberPeople Moves
Tommy Hilfiger appoints Michael Scheiner as CMO
Tommy Hilfiger has appointed Michael Scheiner as its new chief marketing officer (CMO), effective October 28. With over 15 years of experience at global brands, he joins the brand from Hollister.Co., where he served as senior vice president of global marketing. He has also previously worked for brands such as…
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Aug- 2019 -12 AugustHigh Street
Abercrombie and Fitch appoints new director
Fashion retail brand Abercrombie and Fitch has appointed Felix Carbullido as an independent director. Carbullido joined Abercrombie and Fitch on 5 August from home furnishings retailer Williams-Sonoma where he is currently executive vice president and chief marketing officer. Previously he served at retailers, including Macy’s, Banana Republic, Gap and Smith…
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Jul- 2018 -26 JulyShopping Centres
Intu issues rental growth warning, CEO to leave
Intu Properties has warned of lower rental income growth for the full year and also announced that CEO David Fischel is to step down. In its half-year results for the period ending 30 June Intu reported like-for-like net rental income rose by 1.3% at the lower end of its previous…
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