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Abercrombie & Fitch CEO Mike Jeffries to Step Down Immediately

The Business of Fashion - 9 Dec 2014 16:50
NEW ALBANY, United States -- Abercrombie & Fitch Co. Chief Executive Officer Mike Jeffries, who turned the retail chain into a hot teen-apparel company in the 1990s before it lost its cachet in recent years, is stepping down. Jeffries will retire immediately as CEO and a member of the board, the New Albany, Ohio-based company said today in a statement. The board is now seeking a replacement for Jeffries and has enlisted an executive-search firm to identify both internal and external candidates. ...
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