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Abercrombie exploring options for China business - report
['Vlad Schepkov', 'Tue', 'August At Pm Bst', 'Min Read']
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Investing.com -- Abercrombie & Fitch Co. is reviewing options for its China operations, including the possibility of bringing in local partners, Bloomberg reported Tuesday.
The fashion retailer is working with an adviser on the review of its Chinese assets, according to the report.
The company reported net sales of $1.1 billion for the quarter ended May 2, a slight increase from the same period a year earlier.
The company operates retail stores and digital channels, and maintains a third-party wholesale business and franchise arrangements.
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