Abercrombie & Fitch Co. shares plunged the most since the start of the pandemic as the apparel retailer missed Wall Street’s sales expectations, citing pressure from ongoing factory shutdowns in Vietnam and shipping delays.
The plant issues will likely last at least into the beginning of September, executives said Thursday. The New Albany, Ohio-based company is seeing one to three weeks of delivery delays on average and has been using air deliveries to bypass some of the port congestion.
"Factory" - Google News
August 26, 2021 at 07:14PM
https://ift.tt/3yipGvT
Abercrombie (ANF) Stock Plunges on Vietnam Factory Upheaval - Bloomberg
"Factory" - Google News
https://ift.tt/2TEEPHn
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "Abercrombie (ANF) Stock Plunges on Vietnam Factory Upheaval - Bloomberg"
Post a Comment