Abercrombie & Fitch shares jump despite weaker guidance as Middle East conflict hits sales
Culture Index
Score Breakdown
Relevance
9/25
Freshness
25/25
Authority
18/20
Brand Signal
11/15
Depth
4/15
5-Axis Cultural Radar
Abercrombie & Fitch shares jumped on Wednesday, despite the fashion retailer posting mixed first-quarter results and issuing weaker-than-expected guidance after conflict in the Middle East hit demand. The US apparel group said sales across its Europe, Middle East and Africa region fell 10 per cent during the quarter, with the slowdown driven by weaker demand...
