Seeking Alpha

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

  • 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
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