Abercrombie & Fitch chief is fired
The departure removes an executive from group vying to replace former CEO
Abercrombie & Fitch has revealed Christos Angelides – the head of its namesake brand – has been fired.
The decision eliminates a potential contender to fill the teen retailer’s year long vacancy of chief executive officer.
In a statement Abercrombie said the president of the Hollister brand, Fran Horowitz, will assume the newly created position of chief merchandising officer with immediate effect.
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