The rise and fall — and rise again — of Abercrombie & Fitch

Reuters Founded as a store for outdoor gear, Abercrombie & Fitch Co. pivoted into fashion apparel during the 1900s. Under former CEO Mike Jeffries, the brand was modernized and became popular with teens in the 1990s and early 2.....»»

Abercrombie & Fitch Co reported a better-than-expected 3% rise in same-store sales at its flagship brand on Tuesday, but said tariffs would hurt gross profit in the current quarter......»»

Abercrombie & Fitch continued its hot streak both in stores and online. The retailer on Friday said net sales were up 11 percent to $730.8 million with a comparable store sales increase of 5 percent overall with a 6 percent rise in the Hollister chain an.....»»

The apparel retailer said it expected fourth-quarter same store sales to rise in the low single digits......»»

Theranos' Elizabeth Holmes was sentenced to 11.25 years in.....»»

The National Association of REALTORS®’ Chief Economist Lawrence Yun forecasted that interest rates will fall in the long term, 2024 existing-home sales will rise to 4.46 million (up 9% from 4.09 million in 2023) and 2025.....»»

U.S. labor market misses April expectations, signaling slower economic growth and potential interest rate cuts. Stocks rise, Treasury yields fall. read more.....»»

Peloton's CEO Barry McCarthy is out after two years as the stock hit a record low. The fitness brand has grappled with mass layoffs, product recalls, and falling demand. Peloton has struggled with issues like pr.....»»

Leapfrog Group CEO Leah Binder said the overall ratings were better since the fall 2023 report that showed issues including a rise in hospital-acquired infections......»»

Binance founder Changpeng Zhao pleaded guilty to anti-money laundering charges in November. The DOJ says he should get 3 years in prison. Binance founder Changpeng Zhao stepped down from his CEO role as a re.....»»

She promised i.....»»

The stadium will rise on the northeastern side of campus, with construction scheduled to start this fall......»»

Dumb Money is a 2023 comedy starring Paul Dano, Pete Davidson, Nick Offerman and Seth Rogen about the 2021 rapid rise and fall of GameS.....»»

Here's a history of Allbirds and how it went from a buzzy sustainable footwear brand worn by tech bros and VCs to a company on the brink. Allbirds announced disappointing earnings in November.Spencer Platt/Getty Images Allbirds was founded in .....»»

It seems like Elon Musk just can’t stay away from the spotlight.  He tweeted again, and the market crashed. Again. But there might have been the Chinese government involved. So here’s a rundown of what Musk said, or rather, tweeted this week. read more.....»»

Dror Moreh speaks with Insider .....»»

Hormel Foods Corp. reported Thursday fiscal second-quart.....»»

The Energy Information Administration reported Wednesday that U.S. crude inventories rose by 1.3 mi.....»»

The American Petroleum Institute reported late Tuesday t.....»»

European equities rose on Friday, as the rebound continues from a selloff caused by inflation fears, with mining stocks being the major drag on stock-market indexes in Europe after a slight fall in commodity prices......»»