How Abercrombie Survived Aging Preppies and COVID to Become A Wall Street Darling
A&F(ANF) Forbes·2024-02-06 22:22
How Abercrombie Survived Aging Preppies And Covid To Become A Wall Street DarlinggettyAbercrombie & Fitch – the teen-centric apparel brand that boomed in the 1990s and early aughts by peddling sexy, chic featuring buff, half-naked models – has survived an aging customer base, a civil rights spanking by the U.S. Supreme Court, Covid, and a blistering Netflix documentary in 2022 – to emerge as one of the hottest retail plays of the new year.The company’s shares, after hitting a pandemic low of $9.31, have bee ...