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Stock impact report

Gerald Ratner became a byword for corporate disaster – but he had a point [Yahoo! Finance]

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: Yahoo! Finance
His address to the Institute of Directors annual conference remains the set text in the study of how to ruin your career through catastrophic communications. Yet, business leaders still curse themselves by “doing a Ratner”. Mike Coupe was the chief executive of Sainsbury's caught on camera in 2018 singing “We're in the money” as he awaited an ITV interview about his company's putative £13bn merger with Asda – and a widely expected rise in his own personal wealth. Sometimes words come back to haunt you. Mike Jeffries, the chief executive of US fashion chain Abercrombie & Fitch gave an interview in 2006 saying: “A lot of people don't belong [in our clothes], and they can't belong. Are we exclusionary? Absolutely.” His obnoxious words sank without trace until they resurfaced in 2013, when attitudes had changed, and social media lit up with a boycott campaign. The blogosphere went berserk. A year later, he retired. In 2001 David Shepherd, brand director of Topman, likened his m Show less Read more
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