Also published in Business Insider:
GMI Ratings Governance Issue | Northrop Grumman Corp.
x hide permanently

Struggling Abercrombie & Fitch Looks for a Buyer

Business Insider

U.S. teen apparel retailer company Abercrombie & Fitch Co is working with an investment bank to field takeover interest from other retailers, people familiar with the situation said on Tuesday.

Abercrombie's shares are trading at a 17-year low, making it a vulnerable acquisition target. The company has struggled as its logo-stamped t-shirts and sweaters, once popular among teenagers, have lost their fashion appeal...

Mentions: Mergers and Acquisitions Abercrombie & Fitch