Abercrombie & Fitch Announce Losses Of $62 Million

Is Their Time Up?

Abercrombie & Fitch have announced first quarter losses of almost $62 million. As the company is currently for sale, this announcement was a “smaller-than-expected drop” as Hollister has bought a slight boost in sales of a 3% rise.

Is the time of dark stores, muscular male model shop assistants and knitted jumpers over for the Abercrombie & Fitch Co.?