New York Times |
Abercrombie CEO Abruptly Retires as Sales Fall
ABC News Abercrombie & Fitch's longtime and embattled CEO Michael Jeffries has abruptly retired as the once-hip teen clothing chain struggles to regain its popularity. Investors applauded the move, pushing Abercrombie's shares up 8 percent. Jeffries, who has served … Michael Jeffries, chief of Abercrombie & Fitch, retires Controversial CEO of Abercrombie & Fitch abruptly retires Jeffries leaves Abercrombie after overseeing rise and fall |