ABERCROMBIE & FITCH CO. ANNOUNCES PARTNERSHIP WITH ZALORA
April 10 2017 - 7:45AM
Abercrombie
& Fitch Co. continues to grow wholesale business and partners
with
Asia's leading online fashion destination
New Albany, Ohio, April 10, 2017 -- Abercrombie
& Fitch Co. (NYSE: ANF) announced today it has entered into a
wholesale agreement with Asia's leading online fashion destination,
ZALORA. Starting next week, ZALORA will offer Hollister
merchandise through its online stores, followed by Abercrombie
& Fitch product launching later this month.
Founded in 2012, ZALORA has a presence in 11
countries, including Singapore, Indonesia, Malaysia & Brunei,
the Philippines, Hong Kong and Taiwan. This partnership will
provide Abercrombie & Fitch Co. access to more than 600 million
of ZALORA's online customers. ZALORA's shopping experience provides
several benefits to the customer including, quick deliveries, as
fast as 3 hours in some markets, and up to 100-day free
returns.
"We are looking forward to partnering with ZALORA
to build on our strong base of loyal customers across
Southeast Asia," said Fran Horowitz, Chief Executive Officer of
Abercrombie & Fitch Co. "We work hard to connect with
customers wherever, whenever, and however they prefer to shop and
we continue to invest in relationships and innovation to support
that."
-------------
About Abercrombie
& Fitch Co.
Abercrombie & Fitch Co. (NYSE:
ANF) is a leading, global specialty retailer of apparel and
accessories for Men, Women and Kids through three renowned
brands. The iconic Abercrombie & Fitch brand embodies
American casual luxury. With an updated attitude that
reflects the character, charisma and confidence of today's 20+
consumer, Abercrombie & Fitch remains true to its 125-year
heritage of creating expertly crafted products with an effortless,
American style. The Hollister brand epitomizes the
liberating and carefree spirit of the endless California summer for
the teen market. abercrombie kids creates smart, playful
apparel for children ages 3-14, celebrating the wide-eyed wonder of
childhood. The brands share a commitment to offering products of
enduring quality and exceptional comfort that allow consumers
around the world to express their own individuality and style.
The Company operates approximately 900 stores
under these brands across North America, Europe, Asia and the
Middle East, as well as the e-commerce sites www.abercrombie.com
and www.hollisterco.com
About ZALORA
ZALORA is Asia's online fashion destination. Founded in 2012, the
company has a presence in Singapore, Indonesia, Malaysia &
Brunei, the Philippines, Hong Kong and Taiwan. ZALORA is part
of Global Fashion Group, the world's leader in online fashion for
emerging markets. ZALORA offers an extensive collection of top
international and local brands and products across apparel, shoes,
accessories, and beauty categories for men and women.
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 Corporate Solutions on behalf
of Nasdaq 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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