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Abercrombie & Fitch

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Photo: Wikimedia Commons/Urizzato
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Abercrombie, known for its ripped jeans and ripped models, is headed for financially troubled waters. The once smokin’-hot retailer for teens and young adults is hoping to make a comeback by downsizing and reorganizing its marketing efforts.

Larger stores will sadly close their doors, and with a return to simpler products and lower prices, the company hopes to save face in the wake of declining sales and popularity.

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