Years of controversy preceded the arrest of the ex-CEO of Abercrombie & Fitch [Business Insider]
Abercrombie & Fitch Company (ANF)
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Source: Business Insider
Under his leadership, Abercrombie became a brand hit with a number of lawsuits. Long before federal charges hit, there were concerns about former Abercrombie & Fitch CEO Mike Jeffries — and lawsuits that attacked the way he ran his company. Then, on Tuesday, he was charged with sex trafficking and interstate prostitution. This week's indictment alleges that Jeffries, his partner Matthew Smith, and a third man used the power of Abercrombie's brand to coerce dozens of men, many of whom hoped to become models for the brand, into "sex events." Prosecutors say the alleged sex-trafficking operation spanned from about 2008 to 2015; Jeffries was CEO from 1992 to 2014. Attorneys for Jeffries and Smith told Business Insider in statements that they would respond "in the courthouse." Abercrombie & Fitch said it was "appalled and disgusted" by the allegations against its former CEO. Jeffries, who is reportedly now 80 years old, was hired by Les Wexner — the former CEO of Victoria's Secr
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ANF
Earnings
- 8/28/24 - Beat
ANF
Sec Filings
- 10/31/24 - Form SC
- 10/23/24 - Form SC
- 10/16/24 - Form 4
- ANF's page on the SEC website