Saturday 27 July 2024

[Posy 420] Why Abercrombie & Fitch’s Stock Exploded Faster Than Nvidia’s | WSJ Case Study





Summary

Many thought Abercrombie & Fitch was over after years of declining sales and fast fashion competition from companies. But now, the retail company is one of the fastest growing stocks, beating out Nvidia in growth in the year dominated by AI. 

WSJ breaks down Abercrombie’s turn-around playbook used to rebrand the retailer in a challenging and declining market. 

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