rct-abercrombie & fitch
rct-abercrombie & fitch
rct-abercrombie & fitch
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Executive Summary<br />
Abercrombie & Fitch FISCAL 2008 ended in<br />
January 31 2009 it showed a decrease in net sales<br />
showing it is being affected by the current countries<br />
crisis. During this year the Company used cash from<br />
operation to finance its growth strategy. The steep<br />
decline in consumer spending is affecting the<br />
company and has reacted by having seasonal ending<br />
clearance sales and are scaling back on domestic<br />
expansion. This allowed the company to end<br />
FISCAL 2008 with a strong cash position.<br />
Abercrombie & Fitch Annual Report
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