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16 Things You Need to Know This Morning

16 Things You Need to Know This Morning
Teen Chain Abercrombie & Fitch Considers
Takeover Bids From Other Retailers  
Abercrombie & Fitch, a teen retail chain with more than 900 locations worldwide and a market cap of $862M, is exploring a possible sale. The retailer has struggled recently, trading at 17-year lows, as teen and Millennial clothing preferences have shifted away from its logo-based design to more independent and discount clothing. 

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