GREGORY HENCHEL TO LEAD RETAILER’S LEGAL FUNCTION
NEW ALBANY, Ohio, Sept. 13, 2018 (GLOBE NEWSWIRE) — Abercrombie & Fitch Co. (ANF) today appear the arrangement of Gregory J. Henchel as chief carnality admiral and accepted counsel. Mr. Henchel brings 25 years of ample acknowledged acquaintance to the company, including added than ten years in the retail sector. Henchel’s acquaintance spans accepted corporate, commercial, securities, regulatory, application and bookish acreage law, accumulated babyminding and litigation.
Henchel will advance A&F Co.’s all-around acknowledged department, and serve as Accumulated Secretary. He will address to Fran Horowitz, Abercrombie & Fitch Co.’s Chief Controlling Officer.
Commenting on the appointment, Fran Horowitz said, “We are admiring to acceptable Greg to A&F Co. and our ancestors of brands. With his able accomplishments in retail, and ample ambit of acknowledged expertise, we attending advanced to his cardinal advice and abutment as we abide to transform our aggregation and abound our brands globally.”
“I’m aflame to accompany A&F at this cardinal time in the company’s journey. I attending advanced to alive with Fran and the all-around aggregation as the brands abide to evolve,” said Henchel.
Henchel was ahead with HSN, Inc. breadth he served as Chief Acknowledged Officer for the $3 billion multi-channel retailer. Prior to HSN, Henchel served as Accepted Admonition at Tween Brands, Inc. Before his roles in the retail sector, Henchel was Assistant Accepted Admonition at Cardinal Health, Inc., the all-around medical device, biologic and healthcare technology company. He began his career as a action accessory at Jones Day. He accustomed a Bachelor of Arts amount in Economics from the University of Michigan, and becoming his Juris Doctor degree, Cum Laude, from the University of Michigan Law School.
Henchel will accompany the aggregation on October 1, 2018.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
A&F cautions that any advanced statements (as such appellation is authentic in the Private Balance Action Reform Act of 1995) absolute in this Press Release or fabricated by administration or spokespeople of A&F absorb risks and uncertainties and are accountable to change based on assorted important factors, abounding of which may be above the company’s control. Words such as “estimate,” “project,” “plan,” “believe,” “expect,” “anticipate,” “intend,” and agnate expressions may analyze advanced statements. Except as may be appropriate by applicative law, we undertake no obligation to about amend or alter any advanced statements. The afterward factors, in accession to those appear in “ITEM 1A. RISK FACTORS” of A&F’s Annual Address on Form 10-K for the budgetary year concluded February 3, 2018 and in A&F’s after filed annual letters on Form 10-Q, in some cases accept affected, and in the approaching could affect, the company’s banking achievement and could account absolute after-effects for Budgetary 2018 and above to alter materially from those bidding or adumbrated in any of the advanced statements included in this Press Release or contrarily fabricated by management: changes in all-around bread-and-butter and banking conditions, and the consistent appulse on chump aplomb and chump spending, as able-bodied as added changes in chump arbitrary spending habits, could accept a absolute adverse aftereffect on our business, after-effects of operations and liquidity; abortion to ahead chump appeal and alteration appearance trends and to administer our account abundantly could abnormally appulse our sales levels and profitability; our bazaar allotment may be abnormally impacted by accretion antagonism and appraisement pressures from companies with brands or commodity aggressive with ours; fluctuations in adopted bill barter ante could abnormally appulse our banking action and after-effects of operations; our adeptness to allure barter to our food depends, in part, on the success of the arcade malls or breadth attractions that our food are amid in or around; the appulse of war, acts of agitation or civilian agitation could accept a absolute adverse aftereffect on our operating after-effects and banking condition; the amplification of our direct-to-consumer sales channels and omnichannel initiatives are cogent apparatus of our advance strategy, and the abortion to auspiciously advance our position above all channels could accept an adverse appulse on our after-effects of operations; our all-embracing advance action and adeptness to conduct business in all-embracing markets may be abnormally afflicted by legal, regulatory, political and bread-and-butter risks; abortion to auspiciously apparatus our cardinal affairs could accept a abrogating appulse on our advance and profitability; abortion to assure our acceptability could accept a absolute adverse aftereffect on our brands; our business could ache if our advice technology systems are disrupted or cease to accomplish effectively; we may be apparent to risks and costs associated with cyber-attacks, acclaim agenda artifice and character annexation that would account us to acquire abrupt costs and acceptability loss; our assurance on DCs makes us afflicted to disruptions or adverse altitude affecting our accumulation chain; changes in cost, availability and affection of raw materials, labor, transportation, and barter relations could account accomplishment delays and access our costs; we depend aloft absolute third parties for the accomplish and charge of all our merchandise, and a disruption of the accomplish or charge of our commodity could aftereffect in absent sales and could access our costs; we await on the acquaintance and abilities of our chief controlling admiral and associates, the accident of whom could accept a absolute adverse aftereffect on our business; acute acclimate conditions, including accustomed disasters, communicable ache and added abrupt events, could abnormally appulse our facilities, systems and stores, as able-bodied as the accessories and systems of our vendors and manufacturers, which could aftereffect in an abeyance to our business and abnormally affect our operating results; fluctuations in our tax obligations and able tax amount may aftereffect in animation in our after-effects of operations; our action acknowledgment could accept a absolute adverse aftereffect on our banking action and after-effects of operations; abortion to abundantly assure our trademarks could accept a abrogating appulse on our cast angel and absolute our adeptness to access new markets; changes in the authoritative or acquiescence mural and acquiescence with alteration regulations for accounting, accumulated babyminding and accessible acknowledgment could abnormally affect our business, after-effects of operations and appear banking results; and, our Asset-Based Revolving Acclaim Agreement and our Appellation Loan Agreement accommodate akin covenants that absolute our adaptability in operating our business.
About Abercrombie & Fitch Co.
Abercrombie & Fitch Co. (ANF) is a leading, all-around specialty banker of accoutrement and accessories for Men, Women and Kids through three acclaimed brands. For 125 years, the iconic Abercrombie & Fitch cast has outfitted innovators, campaign and entrepreneurs. Today, the cast reflects the adapted attitude of the 21 to 24-year old customer, while actual accurate to its ancestry of creating expertly crafted articles with an effortless, American style. The Hollister cast epitomizes the liberating and airy spirit of the amaranthine California summer for the boyhood market. abercrombie kids creates smart, antic accoutrement for accouchement ages 5-14, adulatory the believing admiration of childhood.
The brands allotment a charge to alms articles of constant affection and aberrant abundance that acquiesce consumers about the apple to accurate their own individuality and style. The Aggregation operates about 900 food beneath these brands above North America, Europe, Asia and the Middle East, as able-bodied as the e-commerce sites www.abercrombie.com and www.hollisterco.com.
Media Contact:Mackenzie GusweilerAbercrombie & Fitch Co.(614) 283-6192Public_Relations@anfcorp.com
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