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|ABERCROMBIE & FITCH CO. ANNOUNCES PARTNERSHIP WITH ZALORA|
Abercrombie & Fitch Co. continues to grow wholesale business and partners with
New Albany, Ohio, April 10, 2017 -- Abercrombie & Fitch Co. (NYSE: ANF) announced today it has entered into a wholesale agreement with Asia's leading online fashion destination, ZALORA. Starting next week, ZALORA will offer Hollister merchandise through its online stores, followed by Abercrombie & Fitch product launching later this month.
Founded in 2012, ZALORA has a presence in 11 countries, including Singapore, Indonesia, Malaysia & Brunei, the Philippines, Hong Kong and Taiwan. This partnership will provide Abercrombie & Fitch Co. access to more than 600 million of ZALORA's online customers. ZALORA's shopping experience provides several benefits to the customer including, quick deliveries, as fast as 3 hours in some markets, and up to 100-day free returns.
"We are looking forward to partnering with ZALORA to build on our strong base of loyal customers across Southeast Asia," said Fran Horowitz, Chief Executive Officer of Abercrombie & Fitch Co. "We work hard to connect with customers wherever, whenever, and however they prefer to shop and we continue to invest in relationships and innovation to support that."
About Abercrombie & Fitch Co.
Abercrombie & Fitch Co. (NYSE: ANF) is a leading, global specialty retailer of apparel and accessories for Men, Women and Kids through three renowned brands. The iconic Abercrombie & Fitch brand embodies American casual luxury. With an updated attitude that reflects the character, charisma and confidence of today's 20+ consumer, Abercrombie & Fitch remains true to its 125-year heritage of creating expertly crafted products with an effortless, American style. The Hollister brand epitomizes the liberating and carefree spirit of the endless California summer for the teen market. abercrombie kids creates smart, playful apparel for children ages 3-14, celebrating the wide-eyed wonder of childhood. The brands share a commitment to offering products of enduring quality and exceptional comfort that allow consumers around the world to express their own individuality and style.