Abercrombie & Fitch eyes new look and rapid expansion
Analysts say Abercrombie & Fitch must update its look as brand strength remains strong yet sales growth may slow. The company plans about 50 stores targeting college students and 45 for children this year, plus five Hollister Co. openings this summer with potential 600 to 800 Hollister locations in time. Analysts warn the brand needs fresh styles to keep customers returning.
MENTIONED IN THIS ARTICLE
Abercrombie & Fitch
Jeffries
Abercrombie
Mass
Lawrence
Hollister Co
Hollister
Brian Tunick
Bear Stearns
Seth Pack
Mount Vernon
Ohio
Pack
Market sees second half as sector churning amid mixed results
Investors expect continued sector rotation as tech rebounds and old economy shares retreat. Nasdaq rises 2.3 percent on heavy volume while Dow utilities fall 2.5 percent and REITs tumble. Foreign markets weaken after strong 1999 gains. Europe mixed. US markets inch toward a light trading week ahead of the July 4 holiday.
MENTIONED IN THIS ARTICLE
U.S
Japan
South Korea
Europe
Mutual funds face a rough second quarter in 2000
Mutual funds overall fell in the second quarter as tech stocks slumped after a late-year rally. Health biotech, real estate, and natural resources were among the few gainers while diversified and small growth funds lagged, with world equity funds broadly punished except for Canadian funds.
MENTIONED IN THIS ARTICLE
New York
Lipper Inc
U.S
telecommunicationai science/technology
Standard & Poors
Lipper
Jec
Eq Inc
Cowen
Inc.groja
Kampen
Itehaloe Parnassus
ChaseVista
Federated Equity Inc
Health & Biotechnology
Orbitex
Health & Bio
YTO Berkshire
Focus
Dresdner Rcm
Biotech
Berkshire
Rydex
Bio Tech Janus
International Maticap
UNM
Natio Gr Longleaf Partners Inn
Natio
Driehaus
Discovery
SC Gro
Mulicap
Stratton Growth Fund
NavellierAgar
NavellierAgar Micro
Freffront US
Mairs & Power Growth
Diey
FoundersiDlsey
Peri Fund
Sm Cpa
SC Gross
Ncus
Meridian Value Fund
Pacifics
Fidelity
Sconce & Technology Etc
Pioneer Sci & Tech
Galaxy Utility
Indese
Red Oak Technology
Rushmore Amer
Eletronic
Cama
Ps Bite
Nakane Eee Equi Funds
Syear
Fidelity Magellan Fund
Commar
Ile
Washington Mutiny Dahus Fund
Amor GentAc
Fidelity Gra & Int
Janus Worldwide
Deer
Apes
Aea
Sess Retin
Fund of Amana
New Perspective Fund
BREE
Fidelity Blue Chip
PIMCO
Putnam Voyager
Aete Oe
Vanguard Windsor II
Vanguard Woellington Fund
Vanguard Primecap
Latin America
Fidelity Puritan
Putnam Gro & No
Fidelity Equity-Inc
Science & Technology
Vanguard Wellington Fund
Investment Ca Amer A
Growth Fund of Amera
Washington
Janus
Janus Fund
Fidelity Growth Company
Fidelity Cuntralund
Vanguard Insth Indgins
Fidelity Grew. Inc
Putnam Gro & Inc
Amer Cent
Fidelity Sort
Utility
Aepneporpinapaesaman
Pennis Art AB
Florida
Total Invest
Total Bottom
China
Japan
Potomac
Iny
Pacific
Orbitec
Jacob Internet
Dresdner Rcmi Biotech
Sel Equity
PBHG
Arktasjhn
Se-SmalkCap
Franklin Str
Biotech Dis
Midas Fund
Opera
Kinetics
Kineticsi Internet
Drlehaus
Euro Oppty EU
Ady SE
Scudder Health Care
Lexington Weidnd Emerg EM
Deutsche Euro Eqvist EW
Fidelity Sel Envir
Gm-General M Us
Mas Juni
Bio Tech
Ward Pincus JP SmCo
Red Oak
Hancock Reg Bnk
General
Gt-General Bon S
Fidelity Set
Apex
Kapp Emerg
Male
Sm Barney Hith
Thigh Carent
Franklin
Kinetics Internet
Hithcare
Midas
California
Desl Poor
Standard & Eaton Vance
Ww H&s
ING
Interneta
Fidelity Sel Medical
Lexington Trka
Russia
Tap
JL International
Tuckundns
Waddell&Reed
Munder Fram
Federated Comm Tech
Midas Fund AU
U.S. Treasury
Ventobel
Pbhg AG
AIM Japan Gro
Gabelli Critk Cp ValAage
Health
Guinness Fightntnet
Pimcot Innovation
van Eck
Galdilny
Selenice & Technol Ys
Selenice
Vanguard Health Care
Invesco Telecomminv
Internet
BTK
Calamos
Growihyamg
GilhWorld Gold
TeLatin American
Ac-Multi-C
Vari Oppenheimer Ri Assetia
Ous
AmeriTech
Gabelli Gold Fund
Treasury
Fyna Hat
Potomaci
Electronic
Gibl
Deutsche Euro E
Munder Frami Hithcare
Ward Pincus P Gro
Cm PR
Fidelity Sel
Gabelli
Cp Vala
NHE
Jacob Internet Fund
TK Fidelity
Invesco Technologyjinv Ak
Hocks Ani
Total Informance
Rasklt
Franklin Su
Biotech Bis
Alliance Technology
ATK
van EckiInt Goldjé
Recess Pre Per, Inc
Aign
Dresdner
Seligman Communicanta
Amer
Lexington
NevefierAgar
Lipper, Inc
Pras
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