Abercrombie&Fitch'S Main Card Abercrombie Management Shuffle.

In the first quarter of May 2nd, the net loss of Abercrombie & Fitch Co. group rose sharply from US $23 million 700 thousand in the same period last year to US $63 million 200 thousand, and the loss per share rose from US $0.32 to US $0.91, excluding the adjusted share loss of some items for US $0.53, of which the floating rate of the exchange rate was affected by 0.13 US dollars, and the market expected a loss of 0.35 US dollars per share.

Net sales fell 13.7% to 709 million 400 thousand US dollars compared to the same period last year, less than the US $730 million 900 thousand of the market expectations, which was 822 million 400 thousand US dollars in the same period last year. The negative impact of exchange rate fluctuations was 6%, while the same store sales fell 8%, better than the 8.7% of the market forecast and 10% of the four quarter.

Sales in the US market fell 11% to 448 million 900 thousand dollars, while same store sales fell 7%; international market sales fell 18% to 260 million 500 thousand dollars, while same store sales fell 9%.

The US youth clothing retailer Abercrombie&Fitch Co. (NYSE: ANF) continues to restructure. According to WSJ, citing the insider, the group will announce the Abercrombie restructuring statement of the group's main brand on Tuesday, including the change of six top management positions, with the exception of one person and the other five are all external recruitment.

Abercrombie and Fitch Co. are also not immune to the great recession of several major youth apparel groups in the United States in the past three years. The controversial CEO Mike Jeffries magnified the weak performance of the company, and Mike Jeffries finally resigned at the end of last year.

Abercrombie&Fitch Co. is currently temporarily managed by executive chairman Arthur Martinez, and one of the two Christos Angelides two of the group's chief operating officer Jonathan Ramsden and Abercrombie&Fitch and Abercrombie kids is likely to become the new CEO of the group in the future, but the group has not ruled out the new airborne from the outside.

According to WWD, 6 new management teams, including Aaron Levine and Aron Levine, director of Design Department of Abercrombie & Fitch men's wear department, joined the company from Club Monaco in June. He served as senior vice president of men's wear design at Club Monaco; and the new general manager of men's clothing department, also from Mr. Yu, who served as senior commercial director of men's wear department during the period of the period; he was promoted by the general manager of the Department of women's clothing department; he was a senior employee of the group for 15 years; the head of the design department of the women's and women's clothing design department will have a post from the company's 15. She will only formally join the company in September.

Design as director of design, and Amy Sveda from Carter 's Inc. Amy joined A&F in May.

General manager of Abercrombie kids; Monica Margerum from the middle end department store "Kohl" s Corp. NYSE:KSS (NYSE:KSS), the junior vice president of junior and children's clothing business at the Department of charge of youth and children's clothing, has arrived at the beginning of this month.

Abercrombie & Fitch brand new management will report to Christos Angelides.

Except main brand

Last year, the group has restructured the sub line brand Hollister, which has been repositioned as a fast fashion brand.

According to the non fashion Chinese network data, the Hollister business has improved in the first quarter of this year after the adjustment, and the brand is now the CEO of Fran Horowitz, which was joined last month, and Fran Horowitz is also one of the new CEO competitors of the group.

Another important move of Abercrombie & Fitch Co. is to announce the abolition of sexy marketing which has been famous outside the group in the end of April. That means that the behavior of large-scale naked male models will not be repeated in the past.