ABERCROMBIE & FITCH CO. ANNOUNCES PARTNERSHIP WITH ZALANDO
August 24 2016 - 8:30AM
Abercrombie &
Fitch Co. expands wholesale business with
Europe's leading online fashion platform
New Albany, Ohio, August 24, 2016 -- Abercrombie
& Fitch Co. (NYSE: ANF) announced today that it has entered
into a wholesale agreement with Europe's largest online platform
for fashion, Zalando. The German-based e-tailer carries more than
150,000 styles from over 1,500 brands for women, men and kids.
Beginning this week, Zalando will start offering
Abercrombie & Fitch, Hollister and abercrombie kids products
through its online stores in the 15 European markets it serves,
which will provide Abercrombie & Fitch Co. access to Zalando's
more than 18 million active customers.
"As Europe's leading online platform for fashion,
we are confident Zalando will enhance the value of all of our
brands and this business will accompany our strong store and
digital presence already established in the region," said Fran
Horowitz, President and Chief Merchandising Officer of Abercrombie
& Fitch Co. "Zalando is a key strategic partner as we continue
to expand our brand reach and deliver a great brand experience to
customers in these markets."
"Zalando is constantly on the lookout for new
brand partners and we are very happy that Abercrombie & Fitch
Co. is now available in our shops. The American retailer has made
great strides to grow and expand its footprint globally and we look
forward to continuing that growth strategy across our European
network," said Moritz Hahn, Senior Vice President Category
Management and Markets of Zalando. "Abercrombie & Fitch Co.
brings three iconic brands to our business, thus, adds great value
to our assortment offering. By entering into partnerships like
this, we allow our consumers access to international brands,
generate an enhanced offer and make online shopping more inspiring
across Europe."
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About Abercrombie
& Fitch
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 first quarter 2016, the company operated 745 stores in the
United States and 180 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
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