Abercrombie & Fitch Co. said Friday that second-quarter profit fell amid a consumer spending slowdown, but the teen-apparel retailer said it will not become more promotional just to drive short-term results.
Abercrombie & Fitch 2Q profit fallsCourtesy Newsvine - business Fri, 08/15/2008 - 10:19
Abercrombie & Fitch Co. said Friday that second-quarter profit fell amid a consumer spending slowdown, but the teen-apparel retailer said it will not become more promotional just to drive short-term results. More related itemsOutlooks point to painful holiday for retailers
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