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Economy@lemmy.world · 3 months ago

Abercrombie & Fitch soars 25% even as retailer slashes profit outlook due to tariffs

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Abercrombie & Fitch soars 25% even as retailer slashes profit outlook due to tariffs

News ReporterB to

Economy@lemmy.world · 3 months ago

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Abercrombie & Fitch's growth is slowing at its namesake brand and the company is expecting tariffs to reduce its earnings by $50 million.

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3 months ago
Is it 2006? I had no idea Abercrombie & Fitch was even remotely relevant anymore.

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