1. Struggling Abercrombie & Fitch Looks for a Buyer

    Struggling Abercrombie & Fitch Looks for a Buyer

    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...

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