Katie O'Brien
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Katie O'Brien in Senior Content Editor,

Abercrombie Still in Trouble

Abercrombie & Fitch (NYSE: ANF) has seen some major troubles recently, according to Yahoo Finance. The teen clothing brand has lost about 40 percent of its stock value over the past year and with a Supreme Court case still pending against the company for employment opportunity issues, competitors like American Eagle Outfitters and Aeropostale are taking over with little hope for A&F.

“They are losing market share to the fast fashion retailers that are able to crank out the trends, they don’t have to have a lot of inventory,” Christine Short of Estimize said. “They can offer them at a lower price point, Abercrombie is expensive.”