{"id":3040,"date":"2008-12-08T08:54:04","date_gmt":"2008-12-08T16:54:04","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=3040"},"modified":"2008-12-08T09:35:01","modified_gmt":"2008-12-08T17:35:01","slug":"abercrombie-fitch-says-no-discounting","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=3040","title":{"rendered":"Abercrombie &#038; Fitch Says No Discounting"},"content":{"rendered":"<p>How core is this? While <strong>Quiksilver<\/strong> and a other action brands are slashing prices in their stores, the &#8220;evil empire&#8221; of <strong>A&#38;F<\/strong> has decided they&#8217;re not going to discount anything, according to a story in <strong><a href=\"http:\/\/online.wsj.com\/article\/SB122869624847586781.html?mod=googlenews_wsj\" target=\"_blank\">The Wall Street Journal<\/a><\/strong>. Why? &#8220;To protect its margins and hip reputation.&#8221; Wall Street, however, is worried.<\/p>\n<blockquote><p>&#8220;We hear your concerns,&#8221; said Chairman and Chief Executive <strong>Michael Jeffries<\/strong> in an earnings call with analysts last month, but &#8220;promotions are a short-term solution with dreadful long-term effects.&#8221; Marking down clothes now could lead to the brand being seen as something cheap, he explained.<\/p><\/blockquote>\n<p>Wise words from a fashion retail mastermind.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/online.wsj.com\/article\/SB122869624847586781.html?mod=googlenews_wsj\" target=\"_blank\">The Wall Street Journal<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>How core is this? While Quiksilver and a other action brands are slashing prices in their stores, the &#8220;evil empire&#8221; of A&#38;F has decided they&#8217;re not going to discount anything, according to a story in The Wall Street Journal. Why? &#8220;To protect its margins and hip reputation.&#8221; Wall Street, however, is worried. &#8220;We hear your [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/3040"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3040"}],"version-history":[{"count":3,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/3040\/revisions"}],"predecessor-version":[{"id":3044,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/3040\/revisions\/3044"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3040"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}