Abercrombie & Fitch sees FY gross margin down slightly vs. FY13 Sees FY tax rate approximately $35%, CapEx approximately $210M-$220M. The company sees opening 15 full-price international stores throughout the year and approximately 8-10 international and U.S. outlet stores. The company continues to expect to close approximately 60-70 stores in the U.S. during the FY through natural lease expirations. Comments from slides that will be presented on the Q1 earnings conference call.
Abercrombie & Fitch to debut 'athleisure' clothing line, Racked says Abercrombie & Fitch plans to debut a women's "athleisure" or activewear clothing line on July 29, reports Racked, citing company statements. Reference Link