Abercrombie is inches away from meeting its goal to rake in up to $4.3 billion in annual sales by 2025, outlined in an investor day in 2022, and is also close to its long-term target of $5 billion in annual revenue.
“We’ve evolved the purpose and positioning at each of our brands, executing a turnaround at Abercrombie adults that many, many thought was impossible,” CEO Fran Horowitz said when outlining the plan.
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