Gilly Hicks Archives - Total Retail

December 17, 2013Abercrombie’s Gilly Hicks to close its only Hawaii store Jan. 11

Gilly Hicks, which opened its first and only Hawaii store at Ala Moana Center about three years...

November 21, 2013Abercrombie & Fitch swings to Q3 loss on charges, weak sales

New Albany, Ohio -- Abercrombie & Fitch Co. swung to a loss in its third quarter, dragged down in part by charges related to the shuttering of its 28 freestanding Gilly Hicks stores. But its adjusted...

January 17, 2012Abercrombie & Fitch taps IBM to expand online business

Armonk, N.Y. -- IBM announced that Abercrombie & Fitch Co. is working with IBM software to help the company transform its online business to achieve greater speed and efficiency. The initiative is part of Abercombie's strategic goal to expand its direct-to-consumer capabilities and drive its e-commerce business to $1 billion. "Abercrombie & Fitch Co., and its portfolio of brands including Abercrombie & Fitch, Hollister Co, Abercrombie kids, and Gilly Hicks, is growing its e-commerce and cross-channel operation dramatically in the coming years. We require a world-class solution that will scale over time, bolster international expansion, and support cross-channel commerce.

August 17, 2010Abercrombie & Fitch swings to profit, to close 60 stores

Abercrombie & Fitch Co. reported Tuesday that it swung to a profit in the second quarter as lowered prices bolstered sales. The teen retailer recorded net income of $19.5 million, compared with a loss of $26.7 million in the year-ago quarter. Abercrombie also said Tuesday it will close 60 stores in the United States in 2010 as it expands internationally.Revenue rose 17% to $745.8 million, surpassing Wall Street expectations of $727.7 million.Same-store sales rose 5%.In the United States, the retailer said it plans to open three Abercrombie & Fitch stores; three Abercrombie Kids stores; three Hollister stores; two Gilly