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On December 9, 2014, Jeffries stepped down as A&F CEO amid mass criticism of the company's performance and 11 straight quarters of negative company comparable-store sales. The shares jumped 8 percent after the move was announced, marking the biggest one-day gain in more than nine months.
Following the BBC's investigation, A&F was accused in a civil lawsuit of funding a sex-trafficking operation led by Mike Jeffries and Matthew Smith between 1992 and 2014.
Abercrombie & Fitch says it is investigating allegations that ex-CEO Mike Jeffries, who led the company for more than 20 years and defined its modern image, exploited men at sex parties he...
Oct 3, 2023 · It comes after a BBC investigation reported allegations that Mike Jeffries exploited men for sex at events he hosted.
Oct 3, 2023 · Mike Jeffries, who led Abercrombie & Fitch during its dramatic rise and fall, has recently been accused of exploiting men for sex.
Apr 20, 2022 · Netflix documentary White Hot: The Rise and Fall of Abercrombie and Fitch explores ex-CEO Mike Jeffries' influence, from discrimination lawsuits to exclusivity.
Dec 5, 2023 · Following the BBC's investigation, Abercrombie & Fitch was accused in a civil lawsuit of funding a sex-trafficking operation led by Mike Jeffries and Mr Smith between 1992 and 2014.
