Tuesday, August 18, 2009

Abercrombie...finally cooling down its prices

FINALLY A&F has decided to drastically lower its prices because of the recession. Great idea but hello where have you been the past year! Wall Street Journal Online really tears apart this brand with the numerical data to back up how badly this retailer is doing. For example, this past quarter A&F was "at a loss of $26.7 million".

If that wasn't bad enough....one year ago Abercrombie got in a bit of trouble for an ex-worker who was discriminated against because of her prosthetic arm.

A&F has always tried to be on the edge but don't you sometimes come to a point where you actually fall off the cliff?

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