nigel travis news and archive

Abercrombie & Fitch reports flat sales growth, announces leadership transition

Abercrombie & Fitch Co. reported net sales of 880 million dollars, down 3 percent on a reported basis and approximately flat on a constant currency basis. Gross profit rate of 59.2 percent, was down approximately 450 basis points as compared to last year. The company said, net loss per diluted share was 4 cents on a reported basis and 1 cents on...

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Management

Abercrombie & Fitch elects two new board members

Abercrombie & Fitch Co. has appointed two new independent board members. The company said, Helen McCluskey, former president and chief executive officer of Warnaco Group, Inc. and Nigel Travis, Chairman of Dunkin’ Brands Group, Inc., will join the company’s board of directors effective February 3, 2019. With these additions, Abercrombie & Fitch’...