NYSE:ANFSpecialty Retail
Abercrombie Expands To Baby And Toddler Market As Valuation Lags
Abercrombie & Fitch (NYSE:ANF) has launched an Abercrombie Kids Baby & Toddler Collection, entering the baby and toddler apparel market.
The new collection extends the brand’s reach to younger children and aims to make Abercrombie a broader destination for family shopping.
Abercrombie & Fitch, trading at $92.61, is adding a fresh product category at a time when its longer term share price move has been very large over the past 5 years. The stock’s shorter term performance has been mixed,...