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OVERSEAS BOOST FOR ABERCROMBIE & FITCH
US retailer Abercrombie & Fitch’s profit jumped 95 per cent – fuelled by international sales. In the fourth quarter, sales abroad rose 61 per cent, while on the domestic front they increased 16 per cent. Its profit for the quarter was $92.6m (£57.7m). The company, which specialises in teen fashion, has been improving market share.