Is abercrombie and fitch going out of business?
No, but 17 Abercrombie & Fitch stores are closing. Thanks for using ChaCha!
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by Chelsea S.
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No , but The New Albany, Ohio-based company's profit slid to $63.9 million, or 72 cents per share,$1.29 per share, last year.
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About Abercrombie & Fitch
Abercrombie & Fitch is a clothing store for young men and women. Stocking a more preppy style of clothing, the store's apparel is easily recognized due to bold branding and logo placement. Known for its advertising, which is very sexual in nature, the retailer has come under fire for the way it targets a young audience. Abercrombie & Fitch was founded in 1892 and also owns Abercrombie (children), Hollister Co., and Gilly Hicks.
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