Piper analysts visited a Chinese Hollister store, and found its prices were 95% higher, on...

|By:, SA News Editor

Piper analysts visited a Chinese Hollister store, and found its prices were 95% higher, on average, than those for U.S. Hollister stores. Far from being concerned by this pricing gap, Piper sees its as a positive for brand owner Abercrombie & Fitch (ANF), claiming Abercrombie's ability to charge premium prices in Asia will translate into "longer-term margin gains."