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Abercrombie & Fitch: What Happened?

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    #31
    Originally posted by dpark View Post
    The oldest millennials are 14 years older than Under Armour. Can we please stop using the world "millennial" as if it means "clueless 21-year old"?



    Then you're not looking. Uber lost $2.8 Billion in 2016. They just fired their CEO after repeated scandals. 400,000 customers actually deleted their accounts and while their business is still growing, it's now growing slower than Lyft in large part because of their tarnished brand.



    Disappointing in that growth was lower than expected. They still grew by most measures and earned over $4 Billion during their last fiscal year. Starbucks seems to be doing pretty well still.
    Truth above.

    And just because a brand positions itself as a luxury good =/= they have a "culture of exclusion and disdain". That's also missing the point of why many of the folks above dislike A&F. Whether something is exclusionary in terms of pricing is always a relative discussion, and most brands generally advertise that their stuff is quality or otherwise exemplary.

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      #32
      Wow. I totally missed all this stuff about AF. I just thought they had a bad rep from frat bros wearing their stuff in the early 2000's.

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        #33
        Originally posted by azimmerm View Post
        Side topic: This always gets to me, for some reason. Generations are 20 year periods but people born in 1980 are NOTHING like those born in 1999. Just like those born in 1960 are a far cry different than those born in 1979. For example, I was born in 1987 so I am considered a "millennial" but the vast majority of things associated with millenials is not applicable to myself nor anyone around my age: we don't use "fam," we didn't grow up with tablets or smart phones, we had dial up internet, we watched Saturday morning cartoons, we rolled up our windows etc. The millenials that were born in the late 90s seem to be what people associate with ALL millenials which is completely false. We really should have 10 years for "generations" instead of 20, 20 is just far too long of a time. Myself, being 30, has far more in common with someone in their mid to late 40s than someone in their early 20s and the same is true for most people I know that are my age.

        Sorry, just wanted to rant about the millenial designation a bit.
        I forget what exactly the term was, but some experts distinguish between late and early millennials, noting the differences you have mentioned.

        I think that the media's popular conception of millennials is not that they are clueless 20 year old but trendy city dwelling members of the creative class. That is basically what the media under 40 is.

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          #34
          Originally posted by azimmerm View Post
          Side topic: This always gets to me, for some reason. Generations are 20 year periods but people born in 1980 are NOTHING like those born in 1999. Just like those born in 1960 are a far cry different than those born in 1979. For example, I was born in 1987 so I am considered a "millennial" but the vast majority of things associated with millenials is not applicable to myself nor anyone around my age: we don't use "fam," we didn't grow up with tablets or smart phones, we had dial up internet, we watched Saturday morning cartoons, we rolled up our windows etc. The millenials that were born in the late 90s seem to be what people associate with ALL millenials which is completely false. We really should have 10 years for "generations" instead of 20, 20 is just far too long of a time. Myself, being 30, has far more in common with someone in their mid to late 40s than someone in their early 20s and the same is true for most people I know that are my age.

          Sorry, just wanted to rant about the millenial designation a bit.
          I'm 39 and can agree with you for the most part. Fortunately I'm old enough to never have been called a millennial.

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            #35
            In fairness to A&F and in spite of my general dislike of the brand, they do make decent stuff these days.

            Recently I had been looking for a long hooded parka to wear over a suit jacket (my Canada Goose is bomber length). I had mostly settled on the Lands’ End version, which came out to about $150 with one of the recent 50% discounts. Then I stumbled on this from A&F, ordered it to try out, and for $140 on sale it turns out to be a nicer jacket than the LE in my opinion. Plus it comes in orange which is my favorite “go to hell” menswear color. (Yes I bought an orange parka to wear over suits. I do what I want when it’s -20 degrees.)

            The material has a much nicer feel than the LE version, the fit is much slimmer while still being roomy enough for plenty of layers underneath, and the overall design seems cleaner and sleeker to me. Plus no visible exterior branding since I can tuck the pocket flaps into the pockets...
            Ben

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