Abercrombie & Fitch Company
Abercrombie & Fitch Company
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Product Details
Company | Abercrombie & Fitch Company |
Certificate Type | Capital Stock |
Date Issued | Unissued, circa early 1900's |
Canceled | Yes |
Printer | American Bank Note Company |
Signatures | NA |
Approximate Size |
11 1/4" (w) by 7 1/2" (h) |
Product Images |
Show the exact certificate you will receive |
Authentic | Yes |
Additional Details | NA |
Historical Context
Founded in 1892 in the Manhattan borough of New York City, New York, by David T. Abercrombie and Ezra Fitch, Abercrombie & Fitch was an elite outfitter of sporting and excursion goods, particularly noted for its expensive shotguns, fishing rods, fishing boats, and tents. In 1976, Abercrombie & Fitch filed for Chapter 11 bankruptcy, finally closing its flagship store at Madison Avenue and East 45th Street in 1977.
Shortly thereafter (in 1978) the name was revived; Oshman's Sporting Goods, a Houston-based retailer owned by Jake Oshman, bought the defunct firm's name and mailing list for $1.5 million. Oshman's relaunched A&F as a mail-order retailer specializing in hunting wear and novelty items. It also opened shops in Beverly Hills, Dallas, and (by the mid-1980s) New York City. Finally, in 1988, Oshman's sold the company name and operations to The Limited, a clothing-chain operator based in Columbus, Ohio. Abercrombie & Fitch gradually shifted its focus to young adults, first as a subsidiary of Limited Brands and then as a separate, publicly traded company; and grew to become one of the largest apparel firms in the United States.
Since 1997, the company has consistently kept a high-profile in the public eye, due to its advertising, its philanthropy, and its involvement in legal conflicts over branding, clothing style and employment practices. In the first decade of the 21st century, the Great Recession battered the company's business as teenagers looked to lower-priced fast fashion brands like H&M and Forever 21 for fashion. Abercrombie & Fitch's stock price dropped from an all-time high of $84.23 in October 2007 to a low of $14.64 in November 2008. The company worked to overhaul its merchandise mix and cut underperforming stores, but lackluster performance has continued. Longtime CEO Michael Jeffries stepped down in December 2014, after 22 years with the company.
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Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.
FAQ
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All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.
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We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.