Abercrombie&Fitch closes another year in good shape. The US urban fashion group, which also owns Hollister, ended 2018 with a three-digit increase in its net profit, at the same time that its sales grew at a more moderate rate.
The US company registered a net result of 298 million dollars compared to 108.2 million dollars from the previous year.
The Italian eyewear company registered a revenue of 19.3 million euros in the last fiscal year, while its losses were of 6.08 million euros.
Herrero, former CEO at Guess, will be non-executive director and chairman of the sustainability committee at Global Fashion Group.
All economic news of the key fashion companies worldwide.