Stacia Andersen to
Lead Abercrombie & Fitch/abercrombie kids; Kristin Scott to
Lead Hollister
New Albany, Ohio, May 23, 2016:
Abercrombie & Fitch Co. (NYSE: ANF) (the "Company") today
announced new Brand Presidents. Stacia Andersen has been appointed
as Brand President of Abercrombie & Fitch and abercrombie kids,
and Kristin Scott has been appointed as Brand President of
Hollister Co.
Ms. Andersen was most recently
Senior Vice President of Merchandising of Target Corporation and
Ms. Scott was most recently Executive Vice President, General
Merchandise Manager at Victoria's Secret.
Both will report to Fran Horowitz,
the Company's President and Chief Merchandising Officer. They will
each have overall responsibility for all product and
customer-facing activities for their brands. Ms. Andersen
will join the Company on or about June 13, 2016 and Ms. Scott will
join the Company on August 1, 2016.
Commenting on the appointments,
Ms. Horowitz said, "We look forward to welcoming Stacia and Kristin
to the team. They are innovative, strategic leaders with extensive
experience and records of success across large retail
organizations. Both are collaborative, engaging and passionate,
aligning with our culture and values. I am confident that
both will provide strong, experienced leadership to move our brands
forward. "
Executive
Bios
Stacia
Andersen, 45, held a number of senior positions in key retail
disciplines in her over 20-year career at Target Corporation.
Most recently, she served as Senior Vice President of
Merchandising, responsible for Target's apparel, accessories, and
baby omnichannel businesses. In that role, Ms. Andersen set overall
strategic direction and led all merchandising, product and brand
creation, designer and brand partnerships, pricing and promotions,
and channel strategies for growth. She also led the strategy for
Target designer partnerships including Lilly Pulitzer, Joseph
Altuzarra, and WhoWhatWear.
During her career at Target
Corporation, Ms. Andersen developed significant breadth across the
business, with experience in merchandising, global sourcing,
planning, omnichannel and brand building. Prior to her role as
Senior Vice President of Merchandising in Apparel and Home, Ms.
Andersen was President of Sourcing, where she led a team of 2,000
associates in 30 countries and was responsible for sourcing, global
trade strategy, social compliance, quality assurance and product
safety.
Ms. Andersen is a graduate of
Buena Vista University in Storm Lake, Iowa where she received a
Bachelor of Arts in Marketing & Corporate Communications.
Kristin
Scott, 48, has over 25 years of retail experience spanning
multiple categories and every aspect of the business, from
developing a merchandise vision to supply chain, negotiations,
visual, marketing, merchandise presentation, in-store execution,
and sales. Over the past nine years, Ms. Scott has held
senior positions at Victoria's Secret, including, most recently
serving as Executive Vice President, General Merchandise
Manager. During her tenure, Ms. Scott successfully built
emerging Sport and Swim businesses and, prior to that, led Stores
Merchandising, where she focused on developing a customer-centric
store experience.
Prior to joining Victoria's
Secret, Ms. Scott was Vice President, General Merchandise Manager
for Gap Outlet, where she transformed the operation from a remake
and transfer business into a product development model. Ms. Scott
started her career at Target Corporation, where, over her 16 years
with the company, she held senior leadership positions across
Planning & Merchandising at both Target and Marshall
Fields.
Ms. Scott is a graduate of Indiana
University in Bloomington, Indiana where she received a Bachelor of
Arts in Economics Psychology.
About Abercrombie
& Fitch Co.
Abercrombie & Fitch Co. is a leading global specialty retailer
of high-quality, casual apparel for Men, Women and kids with an
active, youthful lifestyle under its Abercrombie & Fitch,
abercrombie kids and Hollister Co. brands. At the end of the fiscal
year, the Company operated 754 stores in the United States and 178
stores across Canada, Europe, Asia and the Middle East. The Company
also operates e-commerce websites at www.Abercrombie.com,
www.abercrombiekids.com and www.HollisterCo.com.
Media Contact:
Michael Scheiner
Abercrombie & Fitch
(614) 283-6192
Public_Relations@abercrombie.com
Investor Contact:
Brian Logan
Abercrombie & Fitch
(614) 283-6877
Investor_Relations@abercrombie.com
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Abercrombie & Fitch Co via Globenewswire
HUG#2014382
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