ANF

ANF is also going to face quite a hurdle with the holiday shopping season approaching. Will parents be willing to drop $85 for a sweater, or nearly $100 for a pair of jeans for their kids? Some will , but I’m Ruehl No.925 guessing that many won’t. The same thing with the back-to-school shopping season — how many parents are willing to pay $35 for a t-shirt because it says Hollister? Again, some will, but I bet many won’t. Will the stock be able to withstand hollister clothing further same-store sales disappointments? We could soon find out.

ANF opened at $31.30 this morning, about 2% lower than Wednesday’s closing price. The biggest danger for the stock is a technical hurdle that it recently cleared but will now have to face again. Shares of theabercrombie and fitch retailer were relying on the support of their 10-month moving average, but this trendline should now be in a position to act as resistance. This fact doesn’t mean that the stock is doomed for failure, but resistance isn’t exactly what ANF can use right now. The stock had actually put together a nice little run starting early in the year, but that could now come to an end.

For people who are looking for affordable clothing that is still at the height of fashion, the Abercrombie and Fitch outlet store is their one stop resource. Brand names like this one have a well earned reputation. People wear them because the name itself tells others that they have good taste and only want the best. In this Declining economy however, wanting to buy the best and being able or afford the best may be two entirely different things.

The Abercrombie and Fitch outlet store solves the problem for those feeling the impact of the economy or for people who want to look their best but simply can’t afford to pay off the rack prices that they may find in high end retail stores. That’s what outlet stores are all about.

So, how can the abercrombie and fitch outlet store afford to sell clothing at the kind of prices you find at outlet stores? Simple. The clothes you find at the hollister stores are put their when their season is over. In other words, abercrombie tees has come out with their new line and they send the line from the past season to the outlet store.

For some reason a lot of people are under the impression that clothing sold at outlet stores has a lower quality than clothing sold in retail stores. This simply isn’t true. The clothes you find in outlet stores are the very same clothes you find in any retail store. They are simply a season behind. They are made by the same manufacturer and were likely sold in the very retail store that people think is better than the outlet store.