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Too late for the party at Abercrombie & Fitch
— Financial Times
Published
Last updated
Shirts off, boys! Crank up the dance music! Abercrombie & Fitch is back. The chain of youth-worshipping clothing shops reported accelerating sales growth and a big jump in profits for the third quarter. Investors responded by prancing about like the scantily clad beefcakes and lovelies who staff Abercrombie’s stores. The shares were up by nearly 30 per cent on Wednesday.
