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Abercrombie & Fitch reports sales drop in 1Q
(NEWSCHANNEL 3) - Abercrombie and Fitch is having more problems than just an overly-opinionated CEO.
The retailer announced Friday that U.S. sales fell 17 percent in the first quarter.
Company CEO Mike Jeffries blames inventory shortages.
The decline in sales came before controversy erupted over Jeffries' 2006 comments that his brand was exclusive, and only for "cool, good-looking people," and its refusal to make plus-size clothing.
The two issues have sparked massive protests from many around the country.