77
Fashion Jobs
BEIERSDORF
Sales Representative North Greece (Based in Thessaloniki)
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L'OREAL GROUP
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CLINIQUE
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LA MER
Consumer Marketing Executive, LA Mer
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Consumer Marketing Manager Tom Ford
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L'OREAL GROUP
Beauty Advisor
Permanent · THESSALONIKI
L'OREAL GROUP
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Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
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ESTÉE LAUDER COMPANIES
Fixed Assets & Decorations Supervisor
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SEPHORA
Accounting
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Category Specialist
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Σύμβουλος Πωλήσεων (Mare West) - Μερική Απασχόληση
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Σύμβουλος Πωλήσεων - Μερική Απασχόληση
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H&M
Hiring Day Chania - Sales Advisors
Permanent · CHANIA
MAD LORDS
Sales Assistant Scorpios Mykonos
Fixed-term · MYKONOS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · MAROUSI
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Metro Mall) - Μερική Απασχόληση
Permanent · AGIOS DIMITRIOS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
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H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · NEA IONIA
GUESS
Sales Advisor (Greece)
Permanent · ATHENS
By
Reuters
Published
May 26, 2021
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Abercrombie revenue beats on online investments, U.S. reopening

By
Reuters
Published
May 26, 2021

Abercrombie & Fitch Co reported a bigger-than-expected 61% jump in first-quarter sales on Wednesday, as the apparel retailer benefited from shoppers returning to its stores and using its beefed-up online business.


Photo: Gilly Hicks



Shares of the Hollister and Gilly Hicks owner rose 11% as it also posted a surprise quarterly profit and predicted second-quarter net sales to be at or above the pre-pandemic levels recorded in 2019.

The company, largely reliant on younger customers, also said it expected a more normal back-to-school selling season this year as physical classes restart after a pandemic-induced halt.

The retailer's first-quarter sales were already 6% higher than 2019 levels, thanks to strong growth in its U.S. business after the lifting of COVID-19 restrictions.

Its digital sales soared 45% in the quarter to account for more than half of the total, as the company's investments to offer services such as curbside pickup during the health crisis paid off.

New Albany, Ohio-based Abercrombie, which earlier this month launched its Social Tourist brand in partnership with TikTok influencers Charli and Dixie D'Amelio, said it planned on investing more than $50 million in its digital channel this year.

"As we evolve our model, the line between stores and digital continues to blur," Chief Financial Officer Scott Lipesky said.
Overall net sales rose 61% to $781.4 million, beating a Refinitiv IBES estimate of $687.4 million.

Excluding items, the company earned 67 cents per share, compared with estimates of a 38 cents loss, helped by lesser discounting.

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