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The original Abercrombie & Fitch was founded in 1892 in New York City by David T. Abercrombie as an outfitter for the elite outdoorsman. Ezra Fitch —a wealthy lawyer, real estate developer, and devoted Abercrombie customer—bought a significant stake in the business in 1900. [ 7 ]
Michael Stanton Jeffries (born 1943 or 1944) [1] is an American businessman who was chairman and CEO of clothing retailer Abercrombie & Fitch from 1992 to 2014. During Jeffries' tenure, he engineered a turnaround of Abercrombie & Fitch from a "fashion backwater" losing $25 million yearly to a lifestyle brand grossing $2 billion yearly by 2006, though this approach courted controversy with the ...
She was promoted to president and Chief Merchandising Officer of Abercrombie & Fitch Co., a new corporate role, in December 2015. [5] She served in this capacity for 13 months before being named CEO and member of the board of directors. Her 2017 annual compensation was $10.3 million of which roughly two-thirds were awarded in company stock.
Inside a newly opened Abercrombie & Fitch store on New York City’s Fifth Avenue, a peek into the storied brand’s future appears. Shoppers from around the world climb up and down the stairs at ...
As has been widely reported, hedge fund Engaged Capital wrote to Abercrombie & Fitch a few days ago indicating that there was no succession plan for the CEO at the company - true - that current ...
Former Abercrombie & Fitch CEO Mike Jeffries and two others were arrested Tuesday as part of a criminal investigation into the alleged sex trafficking of more than a dozen victims, according to ...