A&F Weathers Bad Publicity

Share this content:
Negative publicity that swirled around Abercrombie & Fitch during a period in which the company said it would stop publishing its A&F Quarterly with the Christmas issue -- which included advice on oral sex and group sex -- apparently didn't dent its recent overall performance.


The New Albany, OH, company said yesterday that net sales in the 13 weeks ended Jan. 31 increased 5 percent to $560.4 million from $534.5 million in the 13 weeks ended Feb. 1, 2003. But comparable-store sales dropped 11 percent in the quarter.


Net income for the quarter rose 2 percent to $94.3 million from $92.8 million in the fourth quarter of fiscal 2002.


Also reported was a net sales increase during the year of 7 percent to $1.71 billion from $1.6 billion in the previous year. This occurred as comparable-store sales fell 9 percent. Net income in the year was up 5 percent to $205.1 million from $194.9 million in the prior year.


The pre-holiday season publicity also included the Dec. 7 airing of a "60 Minutes" report that included allegations of racial discrimination in its hiring practices. It also was the subject of a boycott by a Christian organization.


close

Next Article in Multichannel Marketing

Sign up to our newsletters



Company of the Week

PAN Communications is an award-winning integrated marketing and public relations agency for B2B technology and healthcare brands. PAN's data-driven approach allows the firm to specialize in public relations, social media, content and influencer marketing, and data and analytics. PAN partners with brands to create unique, integrated campaigns that captivate audiences.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above