Here's how Abercrombie's “Chase” strategy keeps printing money

Key PointsSpecialty retailer Abercrombie & Fitch raised its Q4, and full-year 2023 net sales and operating margin guidance based on better-than-expected holiday sales.Abercrombie’s Chase strategy utilizes IoT and AI to adjust production and inventory levels by fashion and sales trends in real-time.Chase strategy enabled Q3 2023 inventory levels to drop by 20% YoY enabling Abercrombie to enter the holiday shopping season with premium pricing strength.5 stocks we like better than Abercrombie & FitchSpecialty ...