Former Abercrombie CEO Arrested on Sex Trafficking Charges
Former Abercrombie & Fitch CEO Mike Jeffries and his partner Matthew Smith have been arrested on serious sex trafficking charges. Federal prosecutors allege a scheme involving coercion and exploitation, with accusations of recruiting men for sexual acts. The investigation, influenced by media reports, has revealed a network of recruiters and a significant operation funded by Jeffries. As legal proceedings unfold, the fashion industry watches closely.
Telsey Advisory Group Forecasts Abercrombie & Fitch Co. Q2 2025 Earnings of $1.30 Per Share
Abercrombie & Fitch Co. (NYSE:ANF) is expected to report second quarter 2025 earnings of $1.30 per share, with Telsey Advisory Group raising their Q2 2025 earnings estimates for the apparel retailer. Other analysts have also issued research reports and price targets for ANF stock, with CFO Scott D. Lipesky recently selling 50,000 shares.