Abercrombie & Fitch Reports Record Opening Day In Ginza

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19th December 2009, 12:01pm - Views: 733






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MEDIA RELEASE PR37659


Abercrombie & Fitch Reports Record Opening Day in Ginza


NEW ALBANY, Ohio, Dec. 19 /PRNewswire-AsiaNet/ --


    Abercrombie & Fitch (NYSE: ANF) reported today that the opening of its first flagship in Asia, on Tuesday

December 15, 2009, resulted in the highest first day sales in the Company's history.


    The store, in the Ginza district of Tokyo, follows the successful flagship openings in New York in 2005, London in

2007, and Milan in October of this year. The Company believes the successful opening in Ginza is a further

affirmation of its international expansion strategy.


    Fans of the brand waited in line from 7:00A.M. on the day prior to opening, and approximately 5,000 people

entered the store on opening day.


    The Company will open a second Japanese flagship in Fukuoka in late 2010.


    SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

    A&F cautions that any forward-looking statements (as such term is defined in the Private Securities Litigation

Reform Act of 1995) contained in this Press Release or made by management of A&F involve risks and

uncertainties and are subject to change based on various important factors, many of which may be beyond the

Company's control. Words such as "estimate," "project," "plan," "believe," "expect," "anticipate," "intend," and

similar expressions may identify forward-looking statements. The following factors, in addition to those included in

the disclosure under the heading " FORWARD-LOOKING STATEMENTS AND RISK FACTORS" in "ITEM 1A.

RISK FACTORS" of A&F's Annual Report on Form 10-K for the fiscal year ended January 31, 2009, in some cases

have affected and in the future could affect the Company's financial performance and could cause actual results for

the 2009 fiscal year and beyond to differ materially from those expressed or implied in any of the forward-looking

statements included in this Press Release or otherwise made by management: current financial crisis and general

economic conditions; changes in consumer spending patterns and consumer preferences; the effects of political

and economic events and conditions domestically and in foreign jurisdictions in which the Company operates,

including, but not limited to, acts of terrorism or war; the impact of competition and pricing; changes in weather

patterns; postal rate increases and changes; paper and printing costs; market price of key raw materials; ability to

source product from its global supplier base; political stability; currency and exchange risks and changes in existing

or potential duties, tariffs or quotas; availability of suitable store locations at appropriate terms; ability to develop

new merchandise; ability to hire, train and retain associates; estimates of expenses which the Company may incur

in connection with the closure of the Ruehl stores and related direct-to-consumer operations; and the outcome of

pending litigation or other adversarial proceedings. Future economic and industry trends that could potentially

impact revenue and profitability are difficult to predict. Therefore, there can be no assurance that the forward-

looking statements included in this Press Release will prove to be accurate. In light of the significant uncertainties

in the forward-looking statements included herein, the inclusion of such information should not be regarded as a

representation by the Company, or any other person, that the objectives of the Company will be achieved. The

forward-looking statements herein are based on information presently available to the management of the

Company. Except as may be required by applicable law, the Company assumes no obligation to publicly update or

revise its forward-looking statements even if experience or future changes make it clear that any projected results

expressed or implied therein will not be realized.


     SOURCE: Abercrombie & Fitch


    CONTACT: Eric Cerny, Manager, Investor Relations, 

             +1-614-283-6385






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