Abercrombie & Fitch says its torrid growth is slowing as sales moderate and competition rises. To help offset the slowdown, the retailer is expanding its offering with third-party shoe brands including Puma, Frye, Hunter and GH Bass. The move signals defensive adaptation rather than a growth acceleration.
Abercrombie & Fitch says its torrid growth is slowing as sales moderate and competition rises. To help offset the slowdown, the retailer is expanding its offering with third-party shoe brands including Puma, Frye, Hunter and GH Bass. The move signals defensive adaptation rather than a growth acceleration.
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