×
127
Fashion Jobs
ESTÉE LAUDER
jo Malone London - Business Manager - bt2, Dundrum - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
ESTÉE LAUDER
Clinique - Consultant - Brown Thomas, Cork - 24 Hours - Part-Time - Permanent
Permanent · Cork
ESTÉE LAUDER
Bobbi Brown - Business Manager - Boots, Dundrum - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
L'OREAL GROUP
Business Development Manager - Skinceuticals - Ireland - Active Cosmetics Division
Permanent · Dublin
ESTÉE LAUDER
le Labo - Business Manager - Brown Thomas, Dublin - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
FOOT LOCKER
Manager, Treasury Operations
Permanent · Dublin 1
FOOT LOCKER
Senior Treasury Analyst
Permanent · Dublin 1
SHISEIDO
Nars Account Manager - bt2, Blanchardstown
Permanent · Dublin
SHISEIDO
Nars Account Manager - Brown Thomas, Cork (37.5)
Permanent · Cork
SHISEIDO
Bareminerals Account Manager - Boots, Liffey Valley (37.5)
Permanent · Dublin 22
L'OREAL GROUP
l'Oréal Designer Fragrances Solo Account Manager Brown Thomas Limerick
Permanent · Limerick
L'OREAL GROUP
Atelier Cologne Account Manager Brown Thomas Dublin
Permanent · Dublin
L'OREAL GROUP
l'Oréal Designer Fragrances Mobile Fragrance Consultant
Permanent · Dublin
L'OREAL GROUP
Lancôme Deputy Account Manager Brown Thomas Dublin
Permanent · Dublin
ESTÉE LAUDER
jo Malone London - Stylist - Brown Thomas, Dublin - 22.5 Hours - Part-Time - Permanent
Permanent · Dublin
ESTÉE LAUDER
Aveda - Hair Stylist - Brown Thomas Dublin - 30 Hours - Permanent
Permanent · Dublin
LEVI'S
Recepcionista Sin Experiencia Nosotros te Capacitamos
Fixed-term · GUADALAJARA
MAJE IRLANDE
Sales Assistant, Full Time - Kildare Village Outlet m/f
Permanent · PARIS
RITUALS
Rituals Advisor - Brown Thomas Limerick - 15 Hours Per Week
Permanent · Limerick
SHISEIDO
Nars Assistant Manager - bt Cork (37.5 Hours)
Permanent · Cork
SHISEIDO
Nars Makeup Artist - bt Cork (30 Hours)
Permanent · Cork
L'OREAL GROUP
Lancôme Make-up Artist Boots Liffey Valley 37.5 Hours Perm
Permanent · Dublin
By
Reuters
Published
May 26, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Abercrombie revenue beats on online investments, U.S. reopening

By
Reuters
Published
May 26, 2021

Abercrombie & Fitch Co reported a bigger-than-expected 61% jump in first-quarter sales on Wednesday, as the apparel retailer benefited from shoppers returning to its stores and using its beefed-up online business.


Photo: Gilly Hicks



Shares of the Hollister and Gilly Hicks owner rose 11% as it also posted a surprise quarterly profit and predicted second-quarter net sales to be at or above the pre-pandemic levels recorded in 2019.

The company, largely reliant on younger customers, also said it expected a more normal back-to-school selling season this year as physical classes restart after a pandemic-induced halt.

The retailer's first-quarter sales were already 6% higher than 2019 levels, thanks to strong growth in its U.S. business after the lifting of COVID-19 restrictions.

Its digital sales soared 45% in the quarter to account for more than half of the total, as the company's investments to offer services such as curbside pickup during the health crisis paid off.

New Albany, Ohio-based Abercrombie, which earlier this month launched its Social Tourist brand in partnership with TikTok influencers Charli and Dixie D'Amelio, said it planned on investing more than $50 million in its digital channel this year.

"As we evolve our model, the line between stores and digital continues to blur," Chief Financial Officer Scott Lipesky said.
Overall net sales rose 61% to $781.4 million, beating a Refinitiv IBES estimate of $687.4 million.

Excluding items, the company earned 67 cents per share, compared with estimates of a 38 cents loss, helped by lesser discounting.

© Thomson Reuters 2021 All rights reserved.