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Abercrombie & Fitch is slated to report its second-quarter results before the opening bell Wednesday. The apparel retailer is expected to earn 29 cents a share on revenue of $916.8 million, according to the average estimate of analysts polled by FactSet Research. Same-store sales, those at outlets open at least a year, are expected to rise 9%.

Deere DE -1.75% will roll out its fiscal third-quarter numbers before the start of trading. The heavy equipment maker is expected to earn $1.66 a share on revenue of $7.45 billion.

Also up is Staples SPLS -0.49% and it is set to record a second-quarter profit of 20 cents a share on revenue of $5.64 billion, if Wall Street's best guess is on the mark. Same-store sales are seen slipping 0.1%.

Other firms expected to post quarterly results include Hot Topic Inc. HOTT +1.59% , Limited Brands Inc. LTD +0.61% and Petsmart Inc. PETM -0.65% .

Also, after Tuesday's close, Analog Devices Inc. ADI -2.23% slipped about 3% after the company reported fiscal third-quarter net income that came up shy of expectations and said that "growing uncertainty about the global economy could cause our customers to become more cautious in the short term and that could reduce our revenue in the fourth quarter."

No stranger to controversy, pricey clothing line publicly asked Jersey Shore cast members to stop wearing their clothes. Not only did they ask, but they've now bribed them with a "significant" dollar figure to make the un-endorsement decision.

This is new territory for the money hungry characters. The cast, which is used to making money for wearing clothes and peddling diet pills and drinks, has on record never been paid to not wear a brand. But there's a first for everything


The company released a statement earlier confirming the deal and their situation with Michael Sorrentino, aka The Situation. "We are deeply concerned that Mr. Sorrentino's association with our brand could cause significant damage to our image. We understand that the show is for entertainment purposes, but believe this association is contrary to the aspirational nature of our brand, and may be distressing to many of our fans," an Cheap Abercrombie and Fitch spokesperson said in a statement. "We have also extended this offer to other members of the cast, and are urgently waiting a response.". ]]> https://ameblo.jp/text22/entry-10988904388.html Wed, 17 Aug 2011 16:28:06 +0900 Abercrombie and Fitch uk Shore" has cashed in on a number of endorsement deals, including weight loss supplements, alcohol and bronzer.
But here's a first. Teen apparel retailer Abercrombie & Fitch Co. is offering to pay Michael "The Situation" Sorrentino not to wear its merchandise.
The New Albany, Ohio company released a statement Tuesday evening titled "A Win-Win Situation," in which it stated a "deep concern" over the association between Mr. Sorrentino and the brand. A&F offered up a "substantial payment" to Mr. Sorrentino "to wear an alternate brand."
"We understand that the show is for entertainment purposes, but believe this association is contrary to the aspirational nature of our brand, and may be distressing to many of our fans," the statement read.
The company also extended the pay-to-not-play offer to the other Abercrombie and Fitch clothes Shore reality stars and said it was "urgently waiting a response."
Mr. Sorrentino, one of the most popular characters on the show, is known for lifting up his shirt off to reveal his abdomen muscles, more often flashing the logo on the waistband of his underwear.
As retail analysts at Nomura Securities pointed out in a research note Tuesday evening, Mr. Sorrentino was seen in the most recent episode of "Jersey Shore" wearing a pair of neon green A&F sweatpants "loudly" on the streets of Florence.
Last year, Mr. Sorrentino gave an interview to New York magazine where he said, "Abercrombie & Fitch, their most popular shirt, they told me, is 'Fitchuation' I mean, where did they get that from? Obviously from myself."
Abercrombie Fitch confirmed that it sold that shirt as part of its "humor graphic tee assortment."
"Jersey Shore" cast members quickly became controversial household names when the first season launched in late 2009, featuring endless nights of partying and frequent fighting. The cast–and the cameras that follow them–have been welcomed into some nightclubs and restaurants and banned from others. Before shooting began on its current season, set in Florence, Italy, the city's mayor released a list of rules, including no public consumption of alcohol.
A&F is no stranger to controversy, with its racy marketing campaigns featuring nearly naked models. It has also settled several suits in the last decade, including allegations of discrimination against Asian, African-American and female employees.
A&F declined further comment ahead of its quarterly earnings report Wednesday morning. MTV did not respond to a request for comment.. ]]> https://ameblo.jp/text22/entry-10988887314.html Wed, 17 Aug 2011 15:57:17 +0900