Reported about 7 hours ago
Abercrombie & Fitch's CEO, Fran Horowitz, expressed confidence in navigating potential tariffs from China, which could impact the apparel industry. Despite a recent 5% drop in stock, the company reported strong earnings, driven by a resurgence in its Hollister division. As they prepare for the holiday season, Horowitz noted their agile supply chain would help mitigate the effects of tariffs, aiming to adjust their sourcing strategies moving forward.
Source: YAHOO