(Jezebel) Much has been written in recent years about the decline of Abercrombie & Fitch. The retailer has gone from producing the must-wear apparel of teens to a company desperately trying to convince people they're cool. So what better way to represent their age issues than to depict them as a shirtless man wearing A&F jeans wayyy too low?
Many, if not most, of A&F's issues stem from their notably weirdo former leader, 70-year-old Michael Jeffries, who was pushed out in December. He has not been replaced yet; few board members and senior executives rule in his stead. Businessweek's piece won't shock anyone who is at all familiar with A&F's decline, but it does provide a few pieces of intel that flush out what happens when you have a leader making bizarre decisions that go unchecked.