From dying mall brand to Wall Street winner: How Abercrombie & Fitch pulled off retail’s biggest comeback
Abercrombie & Fitch
has transformed itself from a dying mall brand into a Wall Street darling after spending years revamping its product assortment, overhauling its supply chain and rebranding as an inclusive retailer.
Shares of the apparel company have surged over the last year as it posted quarter after quarter of sales growth and profits that consistently topped Wall Street’s expectations.
Read more...