In this Issue:
Michael Jeffries, 70, was the creator and chief executive officer of the modern-day Abercrombie, a $4 billion retail company with three brands and about a thousand stores in 19 countries. He controlled virtually every aspect of the company for the past 22 years, living and breathing the brand, and building an empire of cool based on preppy, well-made, expensive clothes, worn low and tight. But teens’ shopping habits changed and he didn’t, severely damaging Abercrombie’s profits. When Jeffries was finally ousted in December, no one was surprised but him. Take a look for yourself.
Get every issue of Bloomberg Businessweek Magazine and unlimited access to over 140 top magazines in one app, including back issues. Try Free at NextIssue.com
About Bloomberg Businessweek Magazine:
The Bloomberg Businessweek Magazine provides you with an in-depth analysis on global business, finance and economy. Latest options, informaton and opinions about all the happenings in the ever-changing world of business.
About Next Issue:
Next Issue allows you to access to over 140 of the world best digital magazines. Get unlimited access to your favorite magazines including back issues anytime, anywhere using our app