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Loss Prevention Service Representative - Philadelphia Mills
Permanent · Philadelphia
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Security Ambassador 1
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Director, Global Ecommerce & Online Marketing - Mac Cosmetics (China Focus)
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Keyholder - The Cosmetics Company Store - 20 Hrs - Wrentham Village Premium Outlets - Wrentham,ma
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Director, North America Ecommerce Operations
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Director, Global Ecommerce & Online Marketing - Mac Cosmetics
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Keyholder - Cosmetics Company Store - 20 Hrs - Franklin Mills Outlet - Franklin Mills, PA
Permanent · Philadelphia
ESTÉE LAUDER
Keyholder - Cosmetics Company Store - 20 Hrs - Tanger Outlet Center - Deer Park,ny
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Retail Beauty Sales Manager - Bobbi Brown - 40Hrs - Flatiron - Broomfield, co
Permanent · Denver
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Executive Director, Global Ecommerce, la Mer Online
Permanent · New York
ESTÉE LAUDER
Keyholder - Cosmetics Company Store - 24 Hrs - International Premium Outlets - Orlando,fl
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H&M
h&m Store Visual Manager
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ADIDAS
Senior Manager, Excess Sales
Permanent · Portland
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Director Sales Planning, us Wholesale
Permanent · Portland
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Director, Global Team Sports - Business Development
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Senior Reporting Analyst - Supply Chain
Permanent · Portland
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Key Account Manager, Dick's Sporting Goods
Permanent · Pittsburgh
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Manager, Human Resources - Spartanburg dc
Permanent · Spartanburg
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Senior Manager Marketing Operations - Ctc
Permanent · Portland
ADIDAS
Sales Director (Champs/Eastbay)
Permanent · New York
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Retail General Manager Adidas-Sawgrass 6156, Sunrise, fl
Permanent · Sunrise
By
Reuters
Published
Jan 12, 2021
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Abercrombie sees smaller decline in holiday-quarter sales

By
Reuters
Published
Jan 12, 2021

Apparel retailer Abercrombie & Fitch Co on Monday forecast holiday-quarter net sales to decline between 5% and 7%, as strong online demand was not enough to cushion the blow from temporary store closures and Covid-19 restrictions.


Abercrombie & Fitch


The company, which owns the Hollister apparel brand, had previously estimated net sales to decline between 5% and 10% for the quarter, with analysts expecting a 5.5% fall, according to IBES data from Refinitiv.

Abercrombie also said it expected fourth-quarter gross profit rate to be up at least 130 basis points, compared to last year’s 58.2%, as it discounted less.

Online demand for activewear and loungewear has soared since the start of the lockdowns, but in-store sales have taken a hit as a resurgence in Covid-19 cases in North America and major European markets forced governments to reintroduce certain restrictions.

Abercrombie’s shares rose about 1% to $23.34 in extended trading.

© Thomson Reuters 2021 All rights reserved.