Profit triples at Abercrombie & Fitch and Hollister owner Retail Profit tripled at the business behind Abercrombie & Fitch and Hollister in the UK during its latest financial year as its sales passed the £200m mark. The London-headquartered division has reported a pre-tax profit of £9.8m for the 12 months to 3 February, 2024, according to newly-filed accounts with Companies House. The total comes after [...]
Ex-Abercrombie & Fitch boss arrested and facing sex trafficking charges Legal The former boss of fashion giant Abercrombie & Fitch and his British partner have been arrested and face sex trafficking charges. A spokesperson for federal prosecutors in the US said ex-chief executive Mike Jeffries, his partner Matthew Smith and a third man, Jim Jacobson, were arrested on Tuesday morning. The trio are alleged to have [...]