Some Key Facts: Valued at $5 billion, the company now has revenues approaching $2 billion a year rolling in from 944 stores across four brands: Abercrombie & Fitch, abercrombie, Hollister and Ruehl. A&F sources from vendors in 37 countries and the US. The company sources its merchandise from approximately 258 factories and suppliers, primarily in Southeast Asia, and Central and South America.
A&F has been in the news for a number of issues:
- In 2005, a class action suit was filed against A&F on behalf of employees who alleged that they were wrongfully refused jobs or terminated based on their race, ethnicity, or national origin because they did not promote the "A&F Look." A&F settled with the employees for $40M and was forced to create an Office and Vice President of Diversity (other provisions of the settlement here.)
- In 2006, the Securities and Exchange Commission issued a formal order of investigation of the clothing retailer, and the trading in the company’s Class A shares.
- In 2002, A&F was one of 26 retailers to settle lawsuits filed by Sweatshop Watch, Global Exchange, Asian Law Caucus, Unite, and Saipan garment workers that alleged violations of U.S. labor laws and international human rights standards.
- A&F has been the target of boycotts and criticism for selling t-shirts with racist and sexist slogans.
- Nationwide Children’s Hospital in Columbus, Ohio has stated that it plans to rename its emergency room the "Abercrombie & Fitch Emergency Department and Trauma Center" in exchange for a $10 million donation. A letter written by the Campaign for a Commercial-Free Childhood, and signed by over 100 doctors and children’s advocacy groups, urged the hospital not to go ahead with the renaming, arguing that, "Given this company's appalling history of targeting children with sexualized marketing and clothing, no public health institution should be advertising Abercrombie & Fitch."
Personally Speaking: I always got a kick of the MadTV A&F spoofs. Check some out here on YouTube, if you like that sort of thing. (Warning: like much of MadTV, they are often politically incorrect.)
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