Abercrombie & Fitch Co., the clothing retailer working to regain teens’ favor, posted a first-quarter loss that was narrower than analysts estimated as new styles of shorts and crop tops slowed its sales decline.
Indiana’s ban on same-sex marriage was challenged in federal court as gay couples continue a nationwide push against laws they say deny them equal rights.
Indiana’s ban on gay marriage should be blocked while a suit seeking to overturn the law is pending, four couples told a U.S. judge, continuing a national push for recognition of same-sex weddings.
Regional airline Mesa Air Group Inc. filed a proposed Chapter 11 reorganization plan on Sept. 17. A hearing to approve the explanatory disclosure statement is set for Oct. 26.
After years of resisting pressure to ditch Abercrombie & Fitch Co.’s outdated strategy, Chief Executive Officer Mike Jeffries is relenting.
Abercrombie & Fitch Co. Chief Executive Officer Michael Jeffries saw his pay shrink 72 percent last year as the teen retailer’s sales and profit fell.