Stock Research: Abercrombie And Fitch

In this paper I will be talking about the stocks that I have chosen to do my research on and I will also be talking about the main company that I chose to research. The company that I chose for this stock research was Abercrombie and Fitch I chose to do my research on this company because I wanted to see if the companies stocks were good or bad and I wanted to see if there stocks were high or low I wanted to learn the history of the company. The other 4 companies that I followed were Domino's Pizza, Nike,Walt Disney and Six Flags.

The founders of Abercrombie and Fitch were David T.Abercrombie and Ezra Fitch. Abercrombie and Fitch has come a long way they started their company very early in the 1900 and it still goes on until this day. David

In 1892 was when David Abercrombie founded A&F as a sporting goods store. This sporting goods store was definitely an upscale. The store sold a lot of equipment some of the equipment that they had were hunting and fishing equipment was named David T. Abercrombie co. Ezra Fitch was a lawyer who was very high profile when he bought a good amount of the company in 1900 he was a loyal customer to David Abercrombie's shop that is why he had bought into the business and became a partner. In 1904 the company was officially named Abercrombie and Fitch. Abercrombie and fitch was a small waterfront shop and factory that was located in downtown New York. David Abercrombie and Ezra Fitch had different views for the company, they wanted different things, they were both hot tempered men. David Abercrombie wanted to keep the company the same he thought that whatever he was doing was good and that he did not need to make any changes while Ezra Fitch wanted to expand the business and sell to the general public. Their partnership was not so great they often had arguments about doing what’s best for the future of the business so the partnership came to an end in

The catalog showed different outdoor clothes, camping gear, articles, and advice columns. The company started selling women’s clothing in 1910 they became the first store in New York to sell women’s clothing as well as men’s clothing. Abercrombie and Fitch Co. became very popular worldwide throughout the years. Fitch retired from the company in 1928 the company was sold the his brother in law James S. Cobb. Abercrombie and Fitch was “the greatest sporting goods store in the world” by 1939. In 1977 Abercrombie and Fitch filed for bankruptcy and was acquired by Oshman’s Sporting Goods. By 1988 the company was swept up by The Limited for $47 million. In 1992 Limited Brands brought in Michael Jeffries and he transformed Abercrombie and Fitch into a very sexy teen store. The company finally went public in 1996 and it expanded very fast. The company became a go to destination in malls across America. Denim and basic shirts including tees, tanks and sweatshirts was what the store was known for these items were all emblazoned with its signature logo. In 1998 Abercrombie and Fitch launched Abercrombie for ages 7 through 14. In 2000 A&F opened its subsidiary which was