Content about Mike Jeffries

February 16, 2012
Abercrombie & Fitch closing 180 U.S. stores by 2015

Abercrombie & Fitch CEO Mike Jeffries told analysts during a conference call Wednesday that the teen retailer would close 180 U.S. stores by 2015.

New Albany, Ohio -- Abercrombie & Fitch CEO Mike Jeffries told analysts during a conference call Wednesday that the teen retailer would close 180 U.S. stores by 2015.

The chain will target underperforming locations for closure, and by shuttering them hopes to boost image and profits. Specific stores slated for closure have not yet been announced.

February 16, 2012
Abercrombie & Fitch closing 180 U.S. stores by 2015

Abercrombie & Fitch CEO Mike Jeffries told analysts during a conference call Wednesday that the teen retailer would close 180 U.S. stores by 2015.

New Albany, Ohio -- Abercrombie & Fitch CEO Mike Jeffries told analysts during a conference call Wednesday that the teen retailer would close 180 U.S. stores by 2015.

The chain will target underperforming locations for closure, and by shuttering them hopes to boost image and profits. Specific stores slated for closure have not yet been announced.

February 15, 2012
Abercrombie & Fitch Q4 profit falls 80% on holiday promotions, flat sales

Margin squeezes and flagging same-store sales hurt Abercrombie & Fitch Co.’s fourth quarter profit dropped nearly 80% drop, to $19.6 million from $92.6 million a year earlier, amid margin squeezes and flat same-store sales.

New Albany, Ohio -- Margin squeezes and flagging same-store sales hurt Abercrombie & Fitch Co.’s fourth quarter profit dropped nearly 80% drop, to $19.6 million from $92.6 million a year earlier, amid margin squeezes and flat same-store sales.

February 15, 2012
Abercrombie & Fitch Q4 profit falls 80% on holiday promotions, flat sales

Margin squeezes and flagging same-store sales hurt Abercrombie & Fitch Co.’s fourth quarter profit dropped nearly 80% drop, to $19.6 million from $92.6 million a year earlier, amid margin squeezes and flat same-store sales.

New Albany, Ohio -- Margin squeezes and flagging same-store sales hurt Abercrombie & Fitch Co.’s fourth quarter profit dropped nearly 80% drop, to $19.6 million from $92.6 million a year earlier, amid margin squeezes and flat same-store sales.

February 16, 2011
Abercrombie Q4 earnings nearly double

Abercrombie & Fitch Co.'s fiscal fourth-quarter net income nearly doubled on strong sales overseas and better U.S. results.

New Albany, Ohio -- Abercrombie & Fitch Co.'s fiscal fourth-quarter net income nearly doubled on strong sales overseas and better U.S. results. The retailer reported net income of $92.6 million, up from $47.5 million a year ago.

Revenue for the period ended Jan. 29 rose 23% to $1.15 billion, from $936 million. Domestic revenue rose 13%, while international revenue jumped 61%.

Same-store sales rose 13%.

May 10, 2010
Abercrombie CEO paid $36.3 million in 2009

Abercrombie & Fitch Co. CEO Michael Jeffries received compensation in 2009 of $36.3 million, up...

December 21, 2008
Abercrombie & Fitch Extends Contract for CEO

Abercrombie & Fitch Co. Monday announced that it had entered into a new employment...

October 8, 2008
Abercrombie’s Same-Store Sales Slide 14%

Abercrombie & Fitch Co. said Thursday that its September same-store sales dropped 14%, more than...

October 8, 2008
Abercrombie’s Same-Store Sales Slide 14%

Abercrombie & Fitch Co. said Thursday that its September same-store sales dropped 14%, more than...

December 31, 2007
Mike Jeffries

Don’t let Mike Jeffries’ age (he’s 62) fool you. In every way, from the...

December 31, 2007
Mike Jeffries

Don’t let Mike Jeffries’ age (he’s 62) fool you. In every way, from the...

February 28, 2007
AGap in Retail Management

It says something about the state of retail management today that few names of proven...

November 15, 2005
Abercrombie Income Jumps 79%

Columbus, Ohio, Teen...

November 15, 2005
Abercrombie Income Jumps 79%

Columbus, Ohio, Teen...

September 15, 2005
Abercrombie Hit With Suit

Columbus, Ohio, Abercrombie...

August 29, 2005
Abercrombie President Resigns

New Albany, Ohio, ...