Abercrombie & Fitch Co.’s latest dissident investor faces an uphill battle toppling the biggest hurdle to a buyout: the chief executive officer.
Abercrombie & Fitch Co. gained after investor Engaged Capital LLC urged the teen-clothing retailer to start a search for a new chief executive officer and consider selling the company.
Global investors’ confidence in President Barack Obama plunged during the past two months after the government shutdown, a new poll shows, even as stocks traded at record highs and bond yields remained near historic lows.
Abercrombie & Fitch Co. fell the most in more than two months after posting fiscal third-quarter sales that trailed analysts’ estimates as teens restrained spending on clothing.
Teens don’t shop the way they used to.
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.
Abercrombie & Fitch Co. plunged the most in more than 21 months after forecasting profit for the current quarter that was less than analysts estimated amid declining traffic at its stores.
Abercrombie & Fitch’s Gilly Hicks lingerie chain plans to open a store on London’s Regent Street, its second in England, according to publicly available documents.
Abercrombie & Fitch Co., the teen apparel retailer with more than 1,000 stores, surged the most since its initial public offering after boosting its full-year profit forecast.
Abercrombie & Fitch Co. declined the most in nine months after the teen retailer reduced its annual profit forecast and said comparable-store sales would be lower for the remainder of the year.