How many stores did Abercrombie and Fitch close?

137 stores
Abercrombie & Fitch has closed 137 stores as more and more of its sales are taking place online. The New Albany-based company removed 1.1 million square feet of real estate from its balance sheet in 2020, including eight large-scale flagship stores and 129 in other locations, it reported on an earnings call this week.

Which Abercrombie store closing?

The four stores shutting down in a matter of weeks are in Dusseldorf, Germany; London, England; Munich, Germany; and Paris, France. Three other key stores—in Brussels, Belgium; Madrid, Spain; and Fukuoka, Japan—will also close when their respective leases expire early in the new year.

Why is Abercrombie closed?

Ohio-based Abercrombie & Fitch cited the expansion of online shopping as a factor for the closure. The company previously closed 137 stores in 2020 as digital sales grew to about half of overall revenue.

Who owns Abercrombie 2020?

The company operates three other offshoot brands: Abercrombie Kids, Hollister Co., and Gilly Hicks As of February 2020, the company operated 854 stores across all brands….Abercrombie & Fitch.

How many stores did Abercrombie close in 2020?

137
The apparel retailer said it closed eight “tourist-dependent” flagships during 2020, leaving it with seven operating flagships. It also shuttered 129 non-flagship locations, resulting in 137 total store closures in fiscal 2020, for a 17% reduction in gross square footage.

Is Abercrombie still around?

Abercrombie & Fitch has since rebounded — it’s trendy again, but if you check out the website, you’d be hard-pressed to find a moose or an “A&F” anywhere on the clothes. After the company cut back its number of stores — it closed 450 between 2010 and 2018 — and after its significant rebranding, shares began to soar.

Can I return Abercrombie to Hollister?

You can only return merchandise to a store in the country in which the merchandise was purchased. You cannot return merchandise across brands (example: Abercrombie & Fitch, Hollister Co.). You also cannot return merchandise by mailing it to our stores.

Is Hollister gone?

The company will be closing all stores, including Hollister branded stores, in North America starting March 15 and in Europe on March 16. Stores in APAC will remain open. It will also continue to sell online.

Can adults wear Abercrombie?

Abercrombie & Fitch wants adults in their 20s to wear its selection of button-downs, jeans, and graphic tees. “We’re clearly aiming for a more grown-up customer with greater sophistication and greater style.”