Preview

Marketing Mission

Better Essays
Open Document
Open Document
472 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Mission
1. Background
Founded in 1892, Abercrombie & Fitch Co. (NYSE: ANF, listed 1996) (A&F) was a camping supplies and outdoor wear company. A&F has re-established to a specialty retailer of casual apparel that we are well familiar of now in 1996. As of end of Q2 2012, the company is operating 936 stores in the United States and 118 stores internationally (Abercrombie 2012a). By 16 March, 2012, the company employed approximately 90,000 associates (Annual Report 2011).

1.1 Organization
Abercrombie & Fitch is holding four lifestyle brands, namely Abercrombie & Fitch, abercrombie kids, Hollister Co. and Gilly Hicks, each target to different age groups ranging from 7-22 years of age. (Annual Report 2011). The company took the first step of international expansion in Canada by the year 2006. The global penetration continues to Europe by opening the first store in London in year 2007 (Columbus Dispatch, 2007). The road to Asia also started with a flagship store opened in Tokyo in Year 2009 (Tokyofashion.com, 2009).

1.2 Mission
Abercrombie and Fitch committed to provide comfortable and long lasting clothes that look good, augmented with the best service, care and experience, thus, creating the best value for money for teenagers all around the globe (scribd.com, n.d.).

1.3 Study objective
The aim of this case study is to analyze the marketing orientation and marketing strategy; how marketing strategies are formulated by using the strategic planning models and evaluation on the effectiveness & performance. Analysis will also be done on the growth opportunities of Abercrombie & Fitch under the macro environment.

Greenway2china.com retrived Nov 6, 2012 http://www.greenway2china.com/seven_reasons_to_invest_in_china.htm | Kotler et al, 2009, Marketing Management - An Asian perspective, 5th edition, pp. 47-50 | McKinsey.com, 2011 McKinsey Consumer & Shopper Insights, retrieved Nov 6

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Abercrombie & Fitch’s goal is simply to ensure their identity is not weakened or devalued by the “Look” of their employees.…

    • 342 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Acc501 - Case 1

    • 1513 Words
    • 7 Pages

    Abercrombie & Fitch Co. (A&F), was incorporated in 1996. They are a specialty retailer that operates stores and direct-to-consumer operations selling casual sportswear apparel, including knit and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters, outerwear, personal care products, and accessories for men, women and kids under the brands Abercrombie & Fitch, Abercrombie kids, Hollister and Gilly Hicks (Reuters, n.d.). A&F is known for their racy and often controversial advertising campaigns which depict semi-nude men and women. Their primary market demographic is men and women between the ages of 18 to 22 (Four Iconic Businesses, n.d.). As of January 28, 2012, A&F operates 1,045 stores in North America, Europe and Japan. Of the 1,045 stores a majority, 946 stores, are located in located in the United States, while the remaining 99 stores are located internationally.…

    • 1513 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    American Eagle Outfitters

    • 2504 Words
    • 11 Pages

    Abercrombie and Fitch (A&F) has higher gross margin percentage than American Eagle Outfitters (AE) due to its higher average selling price (ASP) than AE’s; the approximate average price for a pair of men’s jeans at A&F is $80 compared with $45 at AE. This is because of the different strategies between A&F and AE. A&F targets higher income level market than AE’s with more fashionable and higher quality items. To maintain the loyal customers, A&F is required to maintain its brand image with certain price level and one of the strategies that A&F has been taking is putting more…

    • 2504 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    In 1892 David Abercrombie founded Abercrombie & Fitch as a sporting goods store. Ezra Fitch later joined David Abercrombie and they continued to expand the company. Ezra Fitch became owner of the company when David Abercrombie left but Fitch was still successful by himself. Until it's financial fall in 1977, the company continued under a group of new leaders after Fitch retired. In 1988, Limited Brands purchased the company and looked to Mike Jeffries to revamp the Abercrombie & Fitch style to a more youthful design. By the 90s, there were dozens of Abercrombie & Fitch stores located all around the United States. The Limited, Inc. took Abercrombie & Fitch public on the New York Stock Exchange on September 26, 1996 using…

    • 200 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    When a customer walks towards an Abercrombie and Fitch store (or their teen marketed brand, Hollister) they are immediately overwhelmed with the environment of the store. Abercrombie stores are dark, with huge pictures of perfect men and women and they emit the smell of their signature cologne, Fierce, from what seems to be hundreds of feet away. There are no windows in the shop and there’s usually loud house music playing. As they walk into the store, they are greeted by a gorgeous employee, who guides you into the dimly lit room and points you in the direction that you need to go. This illustrates one of the first paramount differences between the Abercrombie & Fitch branding and the American Eagle branding. As one approaches an American Eagle, the store is brightly lit and all of the windows are uncovered. The employees are nice and upfront, but average looking and welcoming. Also, in the stores, there is a wider variety of teen to young age groups shopping inside them.…

    • 957 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Lesner, L. C. and Killingbeck, D. (2006). Abercrombie & Fitch and their Contribution to the…

    • 3281 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Abercrombie & Fitch Company

    • 4445 Words
    • 18 Pages

    Abercrombie & Fitch Company Global Business Plan United Arab Emirates/Dubai Table of Content Page Number Table of Contents Executive Summary Page1 - Identifying Global Business Opportunities Page 2 - Analyzing International Competitors Page 3 - Assessing the Economic/Geographic Environment Page 4 - Assessing the Social- Cultural Environment Page 5 - Assessing the Political Legal Environment Page 6 - Selecting a Global Company Structure Page 7 - Financing Sources for Global Business Operations Page 8 - Creating a Global MIS (Management Information System) Page 9 - Identifying Human Resources for Global Business Activities Page 10 - Managing International Financial and Business Risks Page 11 - Product Target Market Planning for Foreign Markets Page 12 - Designing a Global Distribution Strategy PAGE 13 - Planning a Global Promotion Strategy Page14 - Selecting an International Pricing Strategy Page 15 - Determining Organizational Financial Results Page 16 - Measuring International Business Success Page Conclusion Page Reference page…

    • 4445 Words
    • 18 Pages
    Powerful Essays
  • Satisfactory Essays

    AnF questions

    • 279 Words
    • 2 Pages

    What kind of image do you think Abercrombie is trying to portray in its brand?…

    • 279 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Fashion may be defined as a way of living, decorating, etc., which is popular today, but will soon lose their popularity. It is something passing and temporary, a simple craze of the moment to be looked down upon with dislike. For example, tight pants are the fashion today, but only a short while ago broad loose pants were the order of the day. If today a man appears in society wearing broad pants, he would be held up to ridicule, but only a few years ago they were the height of fashion, symbols of good taste and culture. American Eagle Outfitters (AEO) and Abercrombie & Fitch (A&F) are two companies that play a major role in the clothing industry. The following discussion with compare and contrast the competitive advantages of the supply chain of the two companies.…

    • 2104 Words
    • 9 Pages
    Better Essays
  • Good Essays

    Xiyin Sun | Qiyang Tan | Linglong Wang | Yajie Wang | Jiayu Zhai | Yinsi Zhang…

    • 8709 Words
    • 77 Pages
    Good Essays
  • Better Essays

    Marketing Objectives

    • 1176 Words
    • 4 Pages

    (1) Shaun is a huge college football fan. In the past, he has always bought football tickets on the street from ticket scalpers. This year, he decided to join the university 's ticket program, which requires a $2,000 contribution to the university for the “right” to purchase tickets. Shaun will then pay $400 per season ticket. Shaun understands that the price paid for the season tickets is not tax deductible as a charitable contribution. However, contributions to a university are typically tax deductible.…

    • 1176 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Jamba Juice Case

    • 1399 Words
    • 6 Pages

    Abercrombie and Fitch’s product line and target market is starkly different from that of its origins. Founded in 1892, the retailer was an outfitter of sporting and excursion goods. It sold shotguns, fishing rods, tents and outdoor gear. It catered to the rich and its products were priced accordingly. By contrast, today, Abercrombie and Fitch is known more as a clothing retailer, with a with a target market between the ages of 18 and twenty-something. The firm has come a long way from its origins. The transformation and reposition of A&F did not occur in a vacuum. The company struggle to maintain and grow its niche in the sporting and excursion goods area. In 1976, financial woes forced it to file for Chapter 11 bankruptcy protection.…

    • 1399 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    A&F Case Study

    • 3031 Words
    • 13 Pages

    Established in 1892, Abercrombie & Fitch started as an upscale brand of sports outfit. Its clients' list included Theodore Roosevelt and Ernest Hemingway. After passing through a serious crisis in the '80s and a bankruptcy, it was bought by The Limited, Inc., the company that owns Victoria's Secret, Bath & Body Works and La Senza, etc. When Mike Jeffries, an ambitious manager, came in as chief executive in 1992, the company had 20 U.S. stores, a handful of outlets in Canada and was losing $25-million a year selling classic, "frumpy" preppy styles. Jeffries proposed an unexpected plan of brand restoration and Abercrombie turned to "casual luxury" for college students. The promotion strategy targeted college students 18-22 years old and primarily used provocative sexual content and images. This strategy led to quick and successful promotion among the target audience. Abercrombie was rated as the second coolest brand after Nike. The photos from the A&F Quarterly catalog were the No.1 choice for wall decoration in college dorms. The sales grew rapidly. At the same time, American society actively reacted against Abercrombie, organizing numerous boycotts and protests. This resulted in sales decrease and lots of negative publications in the U.S. mass media.…

    • 3031 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Marketing Objectives

    • 522 Words
    • 3 Pages

    5. why might a firm seek to increase the product differentiation of one of its brands?…

    • 522 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    It is not surprise that our business has reached its full potential in the United States. Our earnings rose 40% as a result of our stronger margins and stronger sales abroad. Even though we have expanded internationally, A&F still needs room to grow. Revenue from international sales totaled $US1.4 billion in fiscal 2012, a 36% increase. One of the most promising markets for our retail line is Australia. One of our brands, Hollister, was inspired by the California lifestyle and it will be the first store we need to open there.…

    • 3613 Words
    • 15 Pages
    Powerful Essays

Related Topics