Belus Capital Advisors’ Brian Sozzi and TheStreet’s Nicole Urken face off on sexy teen retailer Abercrombie & Fitch. Sozzi serves up three reasons why Abercrombie & Fitch is in big trouble no matter what the company reports in 2014. Sozzi thinks Abercrombie & Fitch needs massive change ASAP, starting with the company’s beleaguered CEO Mike Jeffries. No change, no evolution of this mall retail staple. Urken, on the other hand, makes an equally compelling case for being positive on Abercrombie’s stock. Urken believes Abercrombie taking a hatchet to its expenses, and recent executive shifts, sets the company up to surprise Wall Street in 2014.
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