Abercrombie & Fitch profit jumps 64%, offers money to ‘Situation’ to stop wearing A&F clothing

New Albany, Ohio -- Abercrombie & Fitch Co. reported Wednesday that profit for the second-quarter rose 64% to $32 million, up from $19.5 million, on increased demand in the United States and Europe. Revenue rose 23% to $916.8 million, as previously reported, and same-store sales increased 9%. The quarterly results indicate the retailer’s rebound as it has honed its focus on international expansion and right-sizing the portfolio. It plans to open 40 Hollister stores internationally this year, and close up to 65 stores in the United States. On Tuesday, Abercrombie & Fitch released news that it had offered Michael