Abercrombie & Fitch Announces Flagship Opening on Savile Row
March 19 2007 - 6:30AM
PR Newswire (US)
LONDON, March 19 /PRNewswire-FirstCall/ -- On March 22 at 10:00
a.m. Abercrombie & Fitch (NYSE:ANF) will open a flagship at 7
Burlington Gardens. This will be the Company's first European
store. Mike Jeffries, Chairman and Chief Executive Officer of
Abercrombie & Fitch said, "We are thrilled by the opening of
the London store, which will truly become a worldwide flagship. Its
location in one of the most historic districts in the retail world
will provide an extraordinary showcase for the Abercrombie &
Fitch brand." Dealing closely with English Heritage, the store has
been developed as a sensitive restoration and conversion of a Grade
II* listed building, originally built as a home in 1725. The
structure has been added to and altered over its nearly 300-year
history, yet architectural features from every stage remain,
including the building's original staircase and the vaults from its
incarnation as a branch of the Bank of England. The 18-month
restoration project includes a series of carefully scaled design
elements that unite the Abercrombie & Fitch brand environment
with these historical attributes. In 1892, Abercrombie & Fitch
began as a small store and factory in New York City. David
Abercrombie & Ezra Fitch were dedicated to selling only the
highest quality camping, fishing and hunting gear. Distinguished
clientele included Theodore Roosevelt, Admiral Robert Peary, Ernest
Hemingway, the Duke of Windsor, Sir Ernest Shackleton, Presidents
Eisenhower and Kennedy. Abercrombie & Fitch seeks to outfit a
new generation of spirited clientele in the United Kingdom. For
further information, call: Thomas D. Lennox Vice President,
Corporate Communications Abercrombie & Fitch + 614-283-6751
Daniel Marks of Julia Noon The Communications Store + 020 7938 1010
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995 A&F cautions that any forward-looking
statements (as such term is defined in the Private Securities
Litigation Reform Act of 1995) contained in this Press Release or
made by management of A&F involve risks and uncertainties and
are subject to change based on various important factors, many of
which may be beyond the Company's control. Words such as
"estimate," "project," "plan," "believe," "expect," "anticipate,"
"intend," and similar expressions may identify forward-looking
statements. The following factors, in addition to those included in
the disclosure under the heading "FORWARD-LOOKING STATEMENTS AND
RISK FACTORS" in "ITEM 1A. RISK FACTORS" of A&F's Annual Report
on Form 10-K for the fiscal year ended January 28, 2006, in some
cases have affected and in the future could affect the Company's
financial performance and could cause actual results for the 2007
fiscal year and beyond to differ materially from those expressed or
implied in any of the forward-looking statements included in this
Press Release or otherwise made by management: changes in consumer
spending patterns and consumer preferences; the effects of
political and economic events and conditions domestically and in
foreign jurisdictions in which the Company operates, including, but
not limited to, acts of terrorism or war; the impact of competition
and pricing; changes in weather patterns; postal rate increases and
changes; paper and printing costs; market price of key raw
materials; ability to source product from its global supplier base;
political stability; currency and exchange risks and changes in
existing or potential duties, tariffs or quotas; availability of
suitable store locations at appropriate terms; ability to develop
new merchandise; ability to hire, train and retain associates; and
the outcome of pending litigation. Future economic and industry
trends that could potentially impact revenue and profitability are
difficult to predict. Therefore, there can be no assurance that the
forward-looking statements included in this Press Release will
prove to be accurate. In light of the significant uncertainties in
the forward- looking statements included herein, the inclusion of
such information should not be regarded as a representation by the
Company, or any other person, that the objectives of the Company
will be achieved. The forward-looking statements herein are based
on information presently available to the management of the
Company. Except as may be required by applicable law, the Company
assumes no obligation to publicly update or revise its
forward-looking statements even if experience or future changes
make it clear that any projected results expressed or implied
therein will not be realized. DATASOURCE: Abercrombie & Fitch
CONTACT: Thomas D. Lennox, Vice President, Corporate Communications
of Abercrombie & Fitch, +1-614-283-6751; Daniel Marks of Julia
Noon, The Communications Store, + 020 7938 1010 Web site:
http://www.abercrombie.com/ http://www.abercrombiekids.com/
Copyright
Abercrombie and Fitch (NYSE:ANF)
Historical Stock Chart
From Jun 2024 to Jul 2024
Abercrombie and Fitch (NYSE:ANF)
Historical Stock Chart
From Jul 2023 to Jul 2024