Bargain Bin
Don't Dismiss Abercrombie Deal Talk
A suitor could unlock Hollister and the brand's wholesale value at a discount.
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If the idea that some retailer might be interested in taking over Abercrombie & Fitch Co. surprises you, you're not alone.
In today's dour retail climate, why would any company want to buy a struggling teen specialty brand that hasn't been relevant since its appearance in LFO's 1999 track, "Summer Girls"? Its sales are shrinking, it hardly owns any real estate, and most of its stores are housed in traffic-dwindling malls.1494433773874