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Today, Explained

How Abercrombie made a comeback

Nov 29, 2024
Elizabeth Segran, a senior staff writer at Fast Company, unpacks Abercrombie & Fitch's impressive comeback. She discusses how the brand has transformed from its controversial past to embrace inclusivity and diversity in its marketing strategies. Segran highlights the shift to appeal to a younger demographic and the importance of influencer partnerships. Listeners will find insights into the brand's evolution and the strategic pivots that have fueled its resurgence in the ever-changing fashion landscape.
24:52

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Podcast summary created with Snipd AI

Quick takeaways

  • Abercrombie & Fitch successfully transformed its brand identity by embracing inclusivity and diversity, moving away from its previous narrow focus on affluent teens.
  • The company's remarkable resurgence, marked by a 285% stock increase and $4 billion in revenue, highlights the effectiveness of adapting to modern consumer values.

Deep dives

The Rise and Fall of Abercrombie & Fitch

Abercrombie & Fitch emerged as a defining brand for American youth in the late 1990s, heavily influenced by pop culture and marketing strategies emphasizing exclusivity and sex appeal. Under CEO Michael Jeffries, the brand transformed from an outdoor clothing company to a hyper-sexualized retailer, focusing on a narrow demographic of affluent, predominantly white teenagers. This approach, coupled with a series of racist and exclusionary scandals, led to public backlash and a significant decline in popularity and sales, culminating in Abercrombie being labeled as one of the most hated retailers by 2016. The fallout included a Supreme Court case over discriminatory hiring practices, marking a low point that showcased the brand's misalignment with evolving cultural values towards inclusivity and diversity.

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