Top Low Price Stocks To Own Right Now: Abercrombie & Fitch Company(ANF)
Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer of casual apparel for men, women, and kids. The company sells casual sportswear apparel, including knit and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters, and outerwear; personal care products; and accessories under the Abercrombie & Fitch, abercrombie kids, and Hollister brands. It also offers bras, underwear, sleepwear, and at-home products for girls under the Gilly Hicks brand. The company sells products through its stores; direct-to-consumer operations; and Websites, which comprise abercrombie.com, abercrombiekids.com, hollisterco.com, and gillyhicks.com. As of October 29, 2011, it operated a total of 1,092 stores, including 316 Abercrombie & Fitch stores, 179 abercrombie kids stores, 501 Hollister Co. stores, and 18 Gilly Hicks stores in the United States; and 10 Abercrombie & Fitch stores, 4 abercrombie kids stores, 63 Hollister Co. stores, and 1 Gill y Hicks store internationally. The company was founded in 1892 and is headquartered in New Albany, Ohio.
Advisors' Opinion:- [By Douglas A. McIntyre]
One criticism of a CEO Hall of Fame would be that it would not provide much of a service. That is not entirely true, if it is true at all. There is a difference between Bill Gates of Microsoft Corp. (NASDAQ: MSFT) and MikeJeffries, the CEO of Abercrombie & Fitch Co. (NYSE: ANF). Jeffries has gone a long way to ruin a great brand, and he has been paid tens of millions of dollars in the process. Gates continues to be considered one of the great business innovators of the past hundred years.
- [By WALLSTCHEATSHEET]
Abercrombie & Fitch provides a wide range of apparel to consumers of all ages around the world. The stock is seeing a good pop after pulling-back the last couple of years. Earnings and revenue figures have been increasing over ! most of the last four quarters, however, investors have been a bit confused. Relative to its peers and sector, Abercrombie & Fitch has been a year-to-date performance leader. Look for Abercrombie & Fitch to OUTPERFORM.
- [By Katie Spence]
Is this an isolated incident?
Victoria's Secret isn't the only company to face consumers' wrath over marketing. In 2011, Abercrombie & Fitch (NYSE: ANF ) released a "push-up" bikini, originally intended for 7-year-olds and up. Parents were outraged, and the blowback forced Abercrombie to rename the bikini and announce that it was for 12-year-olds and up. In 2006, U.K. companyTesco (LSE: TSCO ) came under fire for selling a stripper pole with the words "Unleash the sex kitten inside," in its toys and games section. CNN Money named the company's move one of the "101 Dumbest Moments in Business."
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-low-price-stocks-to-own-right-now.html
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