30.08.2016 - Abercrombie & Fitch's revenue decreased by 4%
Abercrombie & Fitch has published a report according to which the company's revenue fell by 4% to 783.2 million dollars. Net loss totaled 13.1 million compared to 0.8 million a year earlier. The company plans to expand its presence in Europe, but sales forecasts remain subdued despite continued active promotion of products on the market. We forecast a decline of quotations by 12-15% in the medium term.