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MAR 28, 2013 - Forbes

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Abercrombie & Fitch Needs To Beef Up Online Sales To Get Stock Past $51

Quick Take Abercrombie & Fitch’s direct-to-consumer revenues have grown at an average annual rate of 27% for the past few years and amounted to $700 million in 2012. Growth in the U.S. online apparel market will be the major driver while international markets will make a relatively smaller contribution. We expect the U.S. online apparel market to grow to about $8.5 billion by the end of our forecast period with Abercrombie & Fitch commanding a share of close to 17%. The retailer is trying to boost its online sales by improving inventory management and pushing into mobile commerce. ... Read More

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