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6301 Fitch Path Website: http://www.abercrombie.com See Website for Career Info Abercrombie & Fitch Co. is a leading specialty retailer encompassing four brands - Abercrombie & Fitch, abercrombie, Hollister Co., and RUEHL. The merchandise is sold in retail stores throughout the United States and through catalogs. The company operates 355 Abercrombie & Fitch stores, 201 abercrombie stores, 447 Hollister stores, 22 RUEHL stores and three Gilly Hicks stores in the United States. The Company also operates three Abercrombie & Fitch stores and three Hollister Co. stores in Canada, and one Abercrombie & Fitch store in London, England. Stores feature clothing for both men and women and aimed at a younger college audience between the ages of 18-22. Abercrombie is known for its sexy advertising and racy catalogs. For fiscal 2007, the company reported sales of $3.75 billion, up 13% from the previous year, and net income of $475.7 million. In 2008, the company plans to open 110 new North American stores including four new Abercrombie & Fitch stores, 67 new Hollister Co. stores, 17 new abercrombie stores, six new RUEHL stores and 16 new Gilly Hicks stores. The Company also plans to open four new Hollister Co. stores in the United Kingdom. History In 1892, David Abercrombie opened his waterfront shop, Abercrombie Co. at No. 36 South Street in Manhattan. In 1900, Ezra Fitch was a regular shopper at Abercrombie and would leave his law practice to become a partner in the store, which had moved to larger quarters at 314 Broadway. In 1904, the store is incorporated as Abercrombie & Fitch and given an outdoors feel with tents pitched on the floor and a campfire in one corner. Clerks were real outdoorsment dedicated to helping customers. In 1909, the company's first catalog was published with 456 pages and mailed to 50,000 customers around the world. Sports clothes for women were introduced in 1910. The Limited Company would buy Abercrombie & Fitch in 1988. The company would be spun off from the Limited as an independent company and went public on Sept. 26, 1996. Updated February 15, 2008 |