Shallow depths belie hazards as waterparks’ popularity grows The teen clothing retailer’s changes include no longer having shirtless models at its stores, getting rid of “sexualized” ads, shrinking the logo on its clothing and trying to stock trendier merchandise to keep up with “fast fashion” chains that change their styles more often. The New Albany, Ohio-based company’s stock jumped more than 11 percent in morning trading Wednesday.Ībercrombie & Fitch began tinkering with its image earlier this year in an effort to reverse declining sales. NEW ALBANY, Ohio (AP) - Abercrombie & Fitch’s fiscal second-quarter results topped analysts’ estimates as a key sales metric improved. Deepening concerns about China’s economy have sent shock waves through the world’s financial markets in recent days.Ībercrombie & Fitch 2Q results beat Street’s expectations economy is on solid ground even in the face of various global headwinds. The result adds to a string of recent economic data that indicate the U.S. The Commerce Department said Wednesday orders for durable goods - items expected to last at least three years like refrigerators and cars - increased 2 percent in July after a 4.1 percent gain in June. factories for long-lasting manufactured goods rose for a second month in July, and demand in a key category that tracks business investment plans jumped by the largest amount in 13 months. US durable goods orders up 2 percent in July
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