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Retailer Abercrombie Fitch released its quarterly earnings report on Wednesday showing net sales for the company, which includes Hollister Co., are up 22% from a year earlier, as of the first quarter of 2024. The company operates two chains of stores: its flagship Abercrombie Fitch locations, as well as the teen-focused Hollister Co. While net sales at Hollister Co. stores were up 12% in the first quarter of 2024 compared to the same time in 2023, Abercrombie Fitch stores had a 31% increase in the first quarter of 2024. Company CEO Fran Horowitz said new trends in denim helped accelerate the company s growth. We are seeing some new trends happening in denim, which is exciting, Horowitz said. The rise is actually going back down a little bit. So this low-rise baggy is coming in pretty strong. Wide-leg jeans are happening ... Denim is very important to our business. It always has been, but striking a balance on our assortments is most important. Horowitz noted that sales among both men s and women s clothing are strong <a href=https://www.stanley-cup.com.de>stanley cups . Abercrombie s results this quarter were driven in part by ou
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