5/18/10

Healthy online growth returns to Abercrombie & Fitch

Web sales boomed 42% for specialty apparel retailer Abercrombie & Fitch Co. in the first quarter, but the company is still working to regain profits. Total sales grew 14.3% while comparable-store sales rose 1%.

Mark , Managing Editor

Web sales boomed for specialty apparel retailer Abercrombie & Fitch Co. in the first quarter, but the company is still working to regain profits.

For the quarter ended May 1, Abercrombie, No. 65 in the Internet Retailer Top 500 Guide, recorded:


"We are pleased with our overall reported sales growth of 14% for the quarter,” says CEO Mike Jeffries. “We continue to be very focused on achieving sustainable, profitable growth in both our domestic and international businesses."

Internet Retailer calculates the web accounted for 10.0% of total sales compared with 8.1% the same as the prior year.

Topics:

Abercrombie & Fitch, apparel retailer, Clothing, fashion, web sales

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