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Upward Promotions and Low Prices: Why Abercrombie & Fitch Reaches the Third Quarter with More Pressure Despite Hollister Tug
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The retail chain Abercrombie & Fitch, which counts in its portfolio with Hollister, presents results of the third quarter on Tuesday, November 25. Likewise, Hollister has been experiencing better web traffic trends, and in turn a growth of physical traffic during the quarter. In this sense, the promotions of Abercrombie & Fitch increased approximately 70 basis points and the average sales prices decreased by approximately 1% year-on-year in the …
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