Abercrombie & Fitch Co.'s fourth-quarter income more than tripled on improving net sales, boosted by its international direct-to-consumer business.
The New Albany, Ohio-based teen retailer on Friday posted a profit of $157.2 million, or $1.95 a diluted share, for the three months ended Feb. 2, compared with income of $45.8 million, or 52 cents, a year ago. The year-ago period included 50 cents a share in asset-impairment charges and other one-time expenses. Excluding charges related to an inventory accounting change, write-downs and other items, earnings totaled $2.21, up from $1.12, the retailer said.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)