Eroding Customer Base, Brand Loyalty Trigger Abercrombie’s Fiscal Woes
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A fickle customer base is a big reason why specialty apparel retailer Abercrombie & Fitch continues to experience fiscal and engagement woes, according to a report from Trefis. According to Trefis – which analyzes how companies’ products impact stock prices, and predicts that the company’s rewards programs will spearhead a fiscal resurgence -- this year, teenage customers have shown low brand loyalty as they have been readily shifting to brands that provide relevant fashion at reasonable prices. “Abercrombie is....

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