Abercrombie & Fitch earnings call: R.I.P to the logo business

|About: Abercrombie & Fitch (ANF)|By:, SA News Editor

Execs with Abercrombie & Fitch (ANF -5.1%) tipped off a new approach at the retailer during the firm's earnings call today.

A faster-to-market approach will be utilized to try to take advantage of fickle teenager preferences, while the struggling logo business will be phased out.

"We're looking to take the North American logo business to practically nothing," said CEO Mike Jeffries.

Earnings call webcast