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Abercrombie and Fitch share price is at a 17 year low and they have put themselves up for sale. I don't think their strategy is working out too well for them in
by bigtones 8y ago
Abercrombie and Fitch share price is at a 17 year low and they have put themselves up for sale. I don't think their strategy is working out too well for them in a market where foreign competitors like Zara and H&M entered with much more effective marketing messages.
Abercrombie and Fitch "failed to keep up with changing preferences among customers, and has suffered as a result, plagued with a number of periods of declining sales."
https://www.forbes.com/sites/greatspeculations/2017/05/10/why-abercrombie-fitch-is-up-for-sale https://www.forbes.com/sites/greatspeculations/2017/05/10/wh...
- tylerwhipple 8y agoI do not know where you are getting this information but ANF stock is not at a 17 year low. The stock price has more than doubled from last year's (and all the time) low. https://finance.yahoo.com/quote/anf?ltr=1 https://finance.yahoo.com/quote/anf?ltr=1
- fosco 8y agoArticle grandparent quoted was from last year. You are accurate.