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American clothing firm, Abercrombie (A& F) is about to launch its first flagship store in Dublin, Ireland, which official inauguration is set to happen on Thursday, November 1st. The Dublin outlet opening is part A&F’s phased European expansion, along with prior inaugurations of the company’s flagship stores in Copenhagen, Milan and London in the recent years.
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DeJohnette began leading several groups in the early 1970s, including Compost, Directions, New Directions, and Special Edition, featuring a diverse gathering of musicians including David Murray, Eddie Gomez, Chico Freeman, John Abercrombie and Fitch Ireland, and Lester Bowie. Since the 1980s, while continuing to lead his own projects and bands, DeJohnette has also been a member of the highly acclaimed Keith Jarrett/Gary Peacock/Jack DeJohnette trio. DeJohnette has continued to record and perform on keyboards, releasing albums such as Zebra, a mesmerizing synthesizer/trumpet duo with Lester Bowie featuring African music influences. He further explored his interest in African music in a 2005 duet with noted Gambian kora player Foday Musa Suso.
Abercrombie Ireland operates in a highly fragmented market and competes with national as well as regional players, which may take a toll on its performance. Furthermore, Abercrombie is facing increasing competition from larger retailers, such as Gap Inc. (GPS - Analyst Report), and American Eagle Outfitters Inc. (AEO - Analyst Report).
It ought to be pointed out that Abercrombie and Fitch Ireland Online
have denied the allegations - which have arisen as a result of a legal dispute with a former employee. Nevertheless, the details make for some gripping reading! And as the article points out, it is not the first time that Abercrombie & Fitch have hit the headlines for their controversial HRM policies and culture - which has built a successful retail brand around the attractiveness of youth. Between 1995 and 2008 the clothing chain's sales increased 22-fold and net profits almost 58-fold.