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Stock impact report

Colleges: The Story Of Abercrombie's Risky Bet [Seeking Alpha]

Abercrombie & Fitch Company (ANF) 
Last abercrombie & fitch company earnings: 3/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: abercrombie.com/shop/us
Company Research Source: Seeking Alpha
Summary Abercrombie and Fitch (NYSE: ANF ) have been working behind the scenes to rejuvenate its company, and honestly, it seems to be working. Transformation Initiatives Abercrombie and Fitch in their Q2 2018 Earnings Call, divulged that the company is going through a series of “transformation initiatives” in order to improve the company’s overall structure. These initiatives include global store network optimization, improving digital and omnichannel capabilities, consumer supply chain speed and efficiency, and further optimization of their marketing investments. One step they’ve taken in order to ensure they achieve these goals is launch Venmo as a payment option on their app. This makes them the first specialty apparel retailer to use Venmo as a payment option. This move puts them in a pivotal position among millennials and allows greater ease for the consumer. In addition, ANF has been having trouble with inventory in Europe but is entering Q3 with clean inventory. Show less Read more
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