According to dlahandlu.pl, parent company Abercrombie & Fitch describes Hollister as “the ultimate retail brand for the global teen consumer, unleashing the spirit of endless summer.”
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Hollister closes stores. The clothing brand has had problems for several years
To some extent, Hollister was considered a thriving brand. However, the company was among the many retailers to feel the effects Retail end of the world in 2018, resulting in the closure of 60 Hollister and Abercrombie & Fitch stores,” writes American Business Insider. The pandemic has exacerbated these problems and closed stores in more locations.
The parent brand, Abercrombie & Fitch, plans to restructure Hollister.
“In the case of Hollister, we expect to end the fourth quarter with sales below the level of 2021. However, the sales trend has improved significantly since the third quarter, as we begin to realize the initial benefits of adjusting the assortment and personnel changes,” – reports the brand owner, citing dlahandlu.pl .
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