Friday, November 12, 2010

Breaking: Abercrombie & Fitch to Close Ruehl

Breaking: Abercrombie & Fitch to Close Ruehl Photo: Andrew Karcie
In a move that surprises no one, Abercrombie & Fitch announced that it will be closing Ruehl by the end of the year.
Ruehl pre-tax loss last year, $58 million, don't exactly help a&f bottom line, itself does not pay attention to when all good. Last month the company finally decided to depreciate in refusal to do so for several months, even among competitors have cut back on. And its stock price has dropped substantially. But right felt marker down, can make merch brand seem cheap.
Increase the company a lawsuit woes are workers say they are discriminated against, including a British woman who is false arm, she said, were forced to work in the stockroom doesn't fit and shop image. Well, at least have new children shop to keep the company's future.

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