Abercrombie & Fitch deepens retail gloom with tepid forecast, shares drop
Abercrombie & Fitch joined other U.S. retailers in forecasting weak annual sales growth and warned of softer demand heading ...
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Major Retailers Tamper Expectations as Americans Slow Spending
A pullback by American shoppers has led to more caution from national retailers about their sales potential in 2025.
Abercrombie & Fitch Shares Drop as Fiscal Year Sales Growth Disappoints on Weak Namesake Brand
Abercrombie & Fitch guided for lower-than-expected sales growth for the year as it weights the impact of increased tariffs and a weak performance from its namesake brand. Shares fell on pace to the ...
Abercrombie & Fitch stock gets pummeled as it predicts a Trump tariff hit
Add Abercrombie & Fitch to the growing list of American retailers getting pounded by investors for warning about the looming effect of Trump tariffs. Talk about Wall Street being ...
Fashion pioneer Forever 21 plans to close roughly 200 stores
The company’s time in the limelight, however, is coming to an end. The U.S. operator of Forever 21 plans to close roughly 200 ...
Trump administration drops Biden lawsuit over emergency abortions in Idaho
U.S. President Donald Trump's administration on Wednesday dropped a lawsuit that had been filed by the previous Biden ...
Nigerian competition agency sues MultiChoice over price hike
Nigeria's competition commission is suing the local unit of MultiChoice Nigeria Limited , Africa's biggest pay television ...
Abercrombie & Fitch’s stock falls to 15-month low as retailer weighs tariff impact
Abercrombie & Fitch Co.’s stock fell 16% on Wednesday to its lowest levels since 2023, after the retailer issued a ...