Abercrombie's 300% surge in 2023 beats sizzling-hot Nvidia
Edited By WION Video Desk
Published: Dec 30, 2023, 06:30 IST | Updated: Dec 30, 2023, 06:30 IST
With fashion trends returning to the late 90s and early 2000s, one retail business has emerged as a clear winner this year. Abercrombie & Fitch's stock surged by 300% in value, marking its best yearly result since going public in 1996. The business has outperformed the S&P Index thanks to the surge, even surpassing the over 240% increase of artificial intelligence favourite Nvidia.
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