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Since 2019, Abercrombie & Fitch Co. has undergone a resurrection from discarded early-2000s mall brand to a sought-after brand for millennials and older Gen Zs. Abercrombie reported $1.29 billion in revenue for quarter three, up 7% year-over-year. The Tuesday, November 25 earnings report is the twelfth in a row with consecutive growth between quarters. The company also beat Wall Streets predicted $1.28 billion in revenue and reached earnings per share of $2.36 earnings, rather than the estimated $2.16, according to consensus estimates cited by CNBC. Abercrombies shares (NYSE:ANF) closed up more than 37% on Tuesday, though the stock is still down 39.63% from the start of 2025. Notably, the most recent growth of Abercrombie (the company) hasnt been fueled by Abercrombie (the brand). This quarter saw the retail stores net sales sink 2% year-over-year to $617.35 milliona 7% decrease in comparable sales. Its an improvement from quarters one and two, during which the brand also saw declines in net sales: a 4% reduction year-over-year to $547.95 million in quarter one and a 5% drop year-over-year to $551,868 in quarter two. Instead, it was another brand beloved by millennials as teens that has held up the once logo-tee-and-low-rise-jean-adorned fort. Abercrombie-owned Hollister reported $673.27 million in net sales for the most recent quarter. This figure represents a 16% increase year-over-year and a 15% jump in comparable sales. Hollisters success left the company with a 7% improvement in net sales year-over-year. Hollister has maintained significant positive growth, reporting 19% and 22% increases in net sales year-over-year during quarters one and two, respectively. In an earnings call for quarter two, CEO Fran Horowitz attributed the Abercrombie brands decline to marking down and selling old inventory. This time around, Horowitz appeared happy enough to have made progress, stating, Abercrombie brands made sequential progress in-line with our expectations, and we are tightly managing inventory as we aim for fourth quarter brand net sales to be approximately flat to last years record. Abercrombie expects a 6% to 7% growth overall for net sales in fiscal 2025, remaining confident it will reach a new record high.
Category:
E-Commerce
The Thanksgiving travel period is in full swing. Today is the last day before Thanksgiving, which means millions of Americans will be taking to the skies to reach their holiday destinations. And myriad more will also be traveling to airports to pick up their incoming loved ones. But on one of the busiest travel days of the year, flight delays and cancellations are inevitable. Here are some tools to track delays, along with information on which airports are currently experiencing the worst delays and cancellations. FAA says this is the busiest Thanksgiving travel period in 15 years Earlier this week, Fast Company reported on the American Automobile Association (AAA)’s latest data, which revealed that this Thanksgiving travel period will be the busiest in six years. The AAA defines the 2025 Thanksgiving travel period as running from Tuesday, November 25, to Monday, December 1. During that time, the AAA says 81.83 million Americans will be traveling by road, air, or other means, including 6.07 million by plane. The Federal Aviation Administration (FAA) has released its own estimation, which largely concurs with the AAAs data. Last Friday, the FAA announced that this Thanksgiving travel period will be the busiest in 15 years. The agency says that more than 360,000 flights will take place during the period, shuffling travelers to and from their Thanksgiving destinations. (Its worth noting that the FAAs Thanksgiving period differs slightly from the AAAs period. The FAA says the Thanksgiving period runs from Monday, November 24, to Tuesday, December 2.) The FAA has also forecast the number of flights in the air for each day over the period, including: Monday, November 24: 48,173 Tuesday, November 25: 52,185 Wednesday, November 26: 50,130 Thursday, November 27 (Thanksgiving): 25,611 Friday, November 28: 41,560 Saturday, November 29: 46,288 Sunday, November 30: 51,268 Monday, December 1: 49,676 Tuesday, December 2: 47,423 The more flights scheduled, the greater the chance of delays and cancellations. This map reveals which airports currently have the most delays and cancellations Delays and cancellations happen for several reasons. According to the FAA, the top five causes of delays in the National Airspace System (NAS) include: Weather (which causes about 62.6% of all delay minutes) Volume (13.5%) Runway (8.3%) Equipment (1%) Other/Staffing (14.6%) In other words, even if it’s sunny and clear skies in the departure or arrival destinations, the sheer volume of scheduled flights, runway availability, equipment issues, and staffing issues can still cause delays. If you have to make a trip to the airport today for any reason, it’s a good idea to keep an eye on where delays are occurring, as they can not only cause flights to depart later than scheduled but also lead to increased crowds in terminals and parking lots. FlightAware.com offers an interactive map, aptly named the Misery Map, which shows the current delays at some of Americas busiest airports. As of the time of this writing, the Misery Map shows that between 10 a.m. and 2 p.m. today, 63 flights are currently delayed and three have been canceled (keep in mind, this information is updated regularly). The Misery Map shows that the highest number of delays during that time period is at Dallas Fort Worth International Airport (DFW), where nine delays are currently listed. Ronald Reagan Washington National Airport (DCA) currently has the next-most delays, at eight. All three presently listed cancellations for the period are from flights at MinneapolisSaint Paul International Airport (MSP). For the day, FlightAwares expanded data currently shows 549 delays for U.S. flights, as well as 25 cancellations. If you do need to head to the airport today, whether to catch a flight or pick someone up, the best practice is to track the relevant flights information directly in the airlines app or on its website, and to contact the airline directly if you have any concerns about delays or cancellations.
Category:
E-Commerce
Its long been the uniform of management consultants and finance bros, but now the humble quarter zip is being embraced by a rather unexpected demographic. Over the past few weeks, FYPs have become dominated by the workwear staple. Young men who previously mightve been seen exclusively in Nike Tech, have now traded them in for quarter zip sweaters. Across social media, they are sharing styling tips and hosting meetups at malls, all clad in business-casual. The trend gained widespread attention when, in early November, TikToker @whois.jason shared a video of himself sipping a matcha (the beverage of choice for the performative male) with a friend. Both are wearing quarter zip sweaters. We dont do Nike Tech, we dont do coffee. Its straight quarter zips and matchas around here, he says in the clip. We upgraded in life; we wear glasses now. Since it was posted, the clip has gained over 25 million views. No more DMs we on outlook and teams, one comment read. Another wrote: We on linkedin not instagram. The hashtag #quarterzip currently has over 55,000 posts on TikTok. Theres T-Pain in Louis Vuitton talking about 401k and a quarter zip. Rapper Central Cee hung up his customary Nike Tech fleece for a cream Ralph Lauren one. Nike techs most loyal person just switched up, one comment read on his TikTok post. The basketball video game NBA 2K account announced the addition of quarter zips to 2K26 last week, not long after the topic started trending on TikTok. Even brands are jumping on, a sure sign as any that a trend has run its course. Some say the co-option of quarter zips signals a vibe shift that goes beyond fashion. Fortune calls it a subtle signal of ambition and adaptation in a job market that feels almost insurmountably tough for many young adults today. The New York Times described the shift as an aesthetic pivot toward the expectations of the professional world. Its true, the quarter zip has long been a signal of soft professionalism. If a LinkedIn connection was an item of clothing, it would be the quarter zip (perhaps under a fleece vest to complete the uniform). Others have connected the trend to the history of Black dandyism, a cultural movement and fashion style intended to subvert racial stereotypes, inspiring last years Met Gala theme. While the lifecyle of a TikTok trend is often no more than a few days or weeks at most, retail data shows a 25% sales rise for quarter zips among 18- to 24-year-olds since mid-2024. Google Trends shows a 2,250% increase in searches for 1/4 zip pullover men’s business casual over the past 12 months. Has anyone checked in on the finance bros?
Category:
E-Commerce
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