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Abercrombie Posts Q2 Profit, Sales Surprise—Here’s How

Join McKinsey & Company, NewTimes Group, Arvind Limited, Asmara, Google, Bluesign, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Tight inventory management helped Abercrombie & Fitch Co. deliver a second-quarter surprise on profits and sales, not to mention its best operating income report for the quarter in six years. In a Nutshell: CEO Fran Horowitz said the teen-friendly retailer is “listening, learning and evolving, and staying nimble in this unprecedented period of turmoil and uncertainty. Since the start of…

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