Abercrombie & Fitch to open new London store as sales surge

Abercrombie & Fitch is set to open a store in east London's Spitalfields this summer after hailing record sales in the first quarter.
Fashion

Abercrombie & Fitch is set to open a store in east London’s Spitalfields this summer after hailing record sales in the first quarter.

The American fashion retailer’s new store will be located at 2 Horner Square, housing womenswear and menswear ranges in “a light and bright space”, Drapers reported.

It will also include click-and-collect services and an art installation, showcasing photography from around the capital.

Last month, Abercrombie & Fitch revealed it is on course for a second consecutive year of double-digit sales growth for the first time in over a decade as 90s fashion continues its comeback.


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As a result, the business raised its full-year outlook after operating income soared 282% to $130m (£102m) for the three months to 4 May.

Net sales jumped 22% year on year to $1bn (£780m) during the quarter, marking the highest first-quarter sales in the company’s history.

Abercrombie & Fitch managing director EMEA Scott Clarke-Bryan told the title: “Our A&F Spitalfields market location is another great example of our commitment to this market, and we look forward to providing an engaging experience for our customers in Shoreditch.”

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Abercrombie & Fitch to open new London store as sales surge

Abercrombie & Fitch is set to open a store in east London's Spitalfields this summer after hailing record sales in the first quarter.

Abercrombie & Fitch is set to open a store in east London’s Spitalfields this summer after hailing record sales in the first quarter.

The American fashion retailer’s new store will be located at 2 Horner Square, housing womenswear and menswear ranges in “a light and bright space”, Drapers reported.

It will also include click-and-collect services and an art installation, showcasing photography from around the capital.

Last month, Abercrombie & Fitch revealed it is on course for a second consecutive year of double-digit sales growth for the first time in over a decade as 90s fashion continues its comeback.


Subscribe to Retail Gazette for free

 Sign up here to get the latest news straight into your inbox each morning 


As a result, the business raised its full-year outlook after operating income soared 282% to $130m (£102m) for the three months to 4 May.

Net sales jumped 22% year on year to $1bn (£780m) during the quarter, marking the highest first-quarter sales in the company’s history.

Abercrombie & Fitch managing director EMEA Scott Clarke-Bryan told the title: “Our A&F Spitalfields market location is another great example of our commitment to this market, and we look forward to providing an engaging experience for our customers in Shoreditch.”

Click here to sign up to Retail Gazette‘s free daily email newsletter

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