107Sid

Questioning the Relevance of Abercrombie

Insight is right on. Having worked as a Wall Street retail analyst for 50 years before retiring I've seen this movie before. All hot brands eventually become tired (although years later they may possibly be rejuvinated) with a prolonged weak consumer backdrop frequently the catalyst. What was once "in" in terms of higher price point brands, becomes "out" during extended periods of economic distress.