Abercrombie And Fitch Essay

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Management
Abercrombie & Fitch is an American company founded in 1892 and is based out of New Albany, Ohio. Abercrombie has offered a wide variety of products ever since they were introduced, and although they are recognized worldwide now, their beginnings were not so sweet. Before becoming the specialty apparel retailer it is today Abercrombie had experienced bankruptcy in 1976 before former Chief Executive Officer (CEO), Leslie Wexner, handed the company over to the current CEO, Michael Jeffries. Abercrombie & Fitch’s target market are young adults aged 18-22 and offers a number of items such as jeans, dress shirts, shorts, and fragrances for both men and women. Abercrombie defines their products as “casual luxury” and are known to be high quality. …show more content…

The most influential personnel to Abercrombie & Fitch is the board of directors; the board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Some responsibilities of the board of directors are governing the organization by establishing policies and objectives, selecting and reviewing the performance of the chief executive, ensuring the availability of financial resources, approving annual budgets, and setting the salaries and compensation of company management. Abercrombie & Fitch’s Board of Directors includes Michael Jeffries, CEO; Arthur Martinez, Chairman of Board; Archie Griffin, Member of the Board of Directors; James Bachmann, Member of Board of Directors; Craig Stapleton, Member of the Board of Directors; Michael Greenlees, Member of the Board of Directors; Terry Burman, Member of the Board of Directors; and Charles Perrin, Member of the Board of

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