By  on February 16, 2011

Shares of Abercrombie & Fitch Co. jumped more than 7 percent Wednesday after the teen specialty retailer reported that aggressive promotions helped it boost sales and nearly double fourth-quarter profits.

However, analysts worried that, with double-digit cost increases set to take hold later this year, the company might not be able to sustain the demand for its relatively higher-priced apparel.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus