close
close

Mike Jeffries' difficult history with Abercrombie


Mike Jeffries' difficult history with Abercrombie

Millennials: You'll remember visiting Abercrombie & Fitch in the late '90s and early 2000s. Loud, blaring music, perfume so strong it was hard to think straight, and posters of half-naked men were all part of the experience – and the desire to feel “cool.” David Turner/WWD/Penske Media – Getty Images Mike Jeffries, the former CEO […]

Former Abercrombie CEO arrested on allegations of forcing men to have sex with him


Former Abercrombie CEO arrested on allegations of forcing men to have sex with him

Longtime former Abercrombie CEO Mike Jeffries and his partner Matthew Smith were arrested Tuesday in Florida in connection with sex trafficking charges, Breon Peace, U.S. attorney for the Eastern District of New York, announced in a news conference Tuesday. According to the indictment, Jeffries, Smith and one of their associates, James Jacobson, ran an international […]

Starbucks is phasing out Schultz's popular pastry brand


Starbucks is phasing out Schultz's popular pastry brand

Starbucks Corp. is removing Italian baked goods brand Princi from many of its upscale cafes, backing away from an initiative pushed by longtime leader Howard Schultz. The chain is eight Roasteries and reserve locations in the U.S. and China will phase out the label, according to an internal memo obtained by Bloomberg News, which did […]