| Business Summary | | Abercrombie
&
Fitch
Co.,
through
its
subsidiaries,
is
principally
engaged
in
the
purchase,
distribution
and
sale
of
men's,
women's
and
kids'
casual
apparel.
The
Company's
retail
activities
are
conducted
under
the
Abercrombie
&
Fitch
and
abercrombie
trade
names
through
retail
stores,
a
catalogue,
a
magazine/catalogue
and
a
Website,
all
bearing
some
form
of
the
Company
name.
Retail
activities
are
also
conducted
under
the
Hollister
Co.
trade
name
through
retail
stores
and
a
lifestyle
Website.
Merchandise
is
targeted
to
appeal
to
customers
in
specialty
markets
who
have
distinctive
consumer
characteristics.
The
Company
is
a
specialty
retailer
of
casual,
classic
American
sportswear,
targeted
to
men
and
women
approximately
15
to
50
years
of
age
and
kids
approximately
seven
to
14
years
of
age. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Abercrombie
and
Fitch
Co.
is
engaged
in
the
purchase,
distribution,
and
sale
of
men's,
women's
and
kids'
casual
apparel.
For
the
26
weeks
ended
8/4/01,
net
sales
increased
25%
to
$543.8
million.
Net
income
increased
22%
to
$45.6
million.
Revenues
reflect
the
opening
of
new
stores.
Net
income
was
partially
offset
by
an
increase
in
general,
administrative
and
store
operating
expenses
and
a
decrease
in
net
interest
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| Michael Jeffries, 56 Chairman
and CEO | $1.9M | -- | Wesley McDonald, 38 CFO,
VP | -- | -- | Seth Johnson, 47 COO,
Exec. VP, Director | 876K | $195K | Raymond Attanasio, 49 Sr.
VP - Gen. Merchandise Mang. | 556K | -- | Diane Chang, 45 Sr.
VP - Sourcing | 686K | -- | Dollar
amounts are as of 3-Feb-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|