Scott D. Lipesky
Senior VP & CFO
Joanne C. Crevoiserat
Executive VP & COO
Stacia J. Andersen
President of Abercrombie & Fitch/Abercrombie Kids Brand
President of Hollister Brand
Abercrombie And Fitch was founded in the year 1892. The company has been operational for 126 years now. The founders of the company were Ezra Fitch and David T Abercrombie. The main aim of the company was to produce high-end supplies and clothing for its consumers. The former name of the company was Abercrombie Company, which was later changed to its current name in 1904, after a devoted customer of the company known as Ezra Fitch, showed a very dedicated interest in the company. During the 1970s, the company was failing to cope up with its cheaper priced competitions, and therefore in the year 1976, the company finally filed for Chapter 11 Bankruptcy. The company was then taken over by Oshman's Sporting Group, for about $1.5 million, which was later again sold to The Limited, in the year 1988.
After the year 1997, the company started to show signs of growth, but was then battered by the Great Recession, and therefore lost out to companies like Forever 21 and H&M. The company planned to make up its lost sales, in terms of better diversity and customer service. The company also started to focus less on sexualised advertising as well. As of the year 2017, the company has a market value of $650 million. Since the company is in talks of selling itself, the potential buyers include Cerberus Capital Management and American Eagle Outfitters. The headquarters of the company is based in 6301 Fitch Path. The name of the place is New Albany, while the name of the state is Ohio, USA. The area pin code is 43054.
Abercrombie And Fitch is an American company that focuses on designing various manufacturing types of casual clothing range for women, men and also kids. The current CEO of the company is Fran Horowitz. The company has its existence in over 1040 locations, all over the world. As of the year 2017, the total revenue generated by the company is more than $3.4 billion. Also, the number of employees working at the company is more than 22,500. It also has two off-shoot brands as well, namely Hollister Company and Abercrombie Kids.
The primary services provided by the company include allowing customers to enjoy retail shopping of various kinds of apparels for all genders and ages, which also includes footwear, accessories and personal care products as well. The target age group for the company is around 21 to 24 years, even though the company also sells its products to lower and higher age groups as well.
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