Interviews
News Flash
A & F brands represent highly productive businesses
15 Feb '08
3 min read
• Launched newest concept, Gilly Hicks, in January, with the opening of stores at Natick Collection, Smith Haven Mall and Mall of America
Mike Jeffries, Chief Executive Officer and Chairman of the Board of Abercrombie & Fitch Co., said:
"Our brands represent highly productive, consistent businesses that are the result of an unyielding focus on merchandise quality and customer experience. We continue to make strategic investments in the business to sustain and to enhance brand quality and to support future growth, both domestically and internationally."
Fourth Quarter and Fiscal Year 2007 Financial Results:
Net sales for the thirteen weeks ended February 2, 2008 increased 8% to $1.229 billion from $1.139 billion for the fourteen weeks ended February 3, 2007.
Total Company direct-to-consumer net sales increased 45% to $108.6 million for the thirteen week period ended February 2, 2008, compared to the fourteen week period ended February 3, 2007. Total Company fourth quarter comparable store sales decreased 1% compared to the thirteen week period ended February 3, 2007.
Click here to view more:
Mike Jeffries, Chief Executive Officer and Chairman of the Board of Abercrombie & Fitch Co., said:
"Our brands represent highly productive, consistent businesses that are the result of an unyielding focus on merchandise quality and customer experience. We continue to make strategic investments in the business to sustain and to enhance brand quality and to support future growth, both domestically and internationally."
Fourth Quarter and Fiscal Year 2007 Financial Results:
Net sales for the thirteen weeks ended February 2, 2008 increased 8% to $1.229 billion from $1.139 billion for the fourteen weeks ended February 3, 2007.
Total Company direct-to-consumer net sales increased 45% to $108.6 million for the thirteen week period ended February 2, 2008, compared to the fourteen week period ended February 3, 2007. Total Company fourth quarter comparable store sales decreased 1% compared to the thirteen week period ended February 3, 2007.
Click here to view more:
Abercrombie & Fitch Co.
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