Abercrombie is considered one of today`s most preferred clothing enterprises

abercrombie and fitch is considered one of today's most preferred clothing enterprises that cater to American's youth culture. Abercrombie and Fitch clothes is worn by kids and young adults, but is largely marketed on the college-age population. Abercrombie and Fitch have been completely in existence due to the fact 1892, beginning as an outside sporting goods supplier.

As with all CEO excesses, such behaviour would be tolerated (to a point) if the CEO was presiding over a successful company. But abercrombie and fitch outlet is no longer making the mad cash from selling jeans, polo shirts and tops bearing the brand’s logo which was once the case. Businessweek reported in August that the retailer’s US revenues had fallen 2.5 per cent in the first six months of this year, 71 shops had been closed and another 180 due for the chop by 2015. Not a pretty picture for Jeffries, the man who turned “a company that originally made safari and camping gear” into the A&F clothing brand we know today.

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