Abercrombie plans a revamp

City A.M. Reporter
STRUGGLING fashion retailer Abercrombie & Fitch yesterday said that it would expand its women’s tops collection, offer larger sizes and more colors, and start selling shoes, in a bid to win back teen customers who have turned to trendier labels.

A&F shares closed down 14 per cent at $33.13 yesterday after the company reported a seventh quarterly fall in same-store sales in a row and warned of a tough holiday season.