Abercrombie & Fitch Co. (ANF), a leading international specialty retailer, reported strong holiday sales as U.S. retailers performed relatively better this year compared to the dismal holiday season of 2008.
According to the data released SpendingPulse, a unit of mastercard advisers reported that us retail sales grew by 3.6% period on November 1, on December 24, 2009.
Abercrombie, promotional activities by using the holiday shopping carnival us clients, providing a 50% of some brand products. In addition, as many as 70 percent of give discounts on its Hollister series products. American customers have become more inexpensive for discounted value-added items, products has become than instant hits the huge sales record.
Abercrombie operates as a specialty retailer of premium, high quality casual apparels for men, women, and kids through a network of 1,132 stores across the U.S., Canada and the U.K. Over the years, the company has extensively relied on its line-up of leading product labels including Abercrombie & Fitch, Hollister and Abercrombie Kids and a unique in-store experience to drive sales. The product portfolio of the company includes knitted and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters, outerwear, personal care products and accessories.
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