Casualwear retailer Abercrombie & Fitch has reported net sales of $1.1bn (£685.4m) for the financial quarter ended October 29. That represents a 21% increase from net sales of $885.8m (£551.9m) for the same quarter in 2010.
However, the retailer said that sales fell at European flagship stores last quarter as a result of a “slowing trend” in the region, while like-for-like sales in Japan and Canada continued to decline. US sales, including direct-to-consumer sales, soared 14% to $820.2m (£511m). International sales, including direct-to-consumer sales, rocketed 56% to $255.7m (£159.3m).
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