A&F Seeing
Consequences of Sleazy Marketing
A&F’s Stock &
Sales plummet from boycott of their pornographic Christmas catalog
Abercrombie & Fitch's (A&F)
bottom line has been hit hard by the nationwide boycott and bad press generated
by the company's latest pornographic catalog.
"Americans have over the past
few weeks sent a message to this company that the sexual exploitation of
teenagers to sell clothes is unconscionable," said Focus on the Family
President Don Hodel. "Now Abercrombie & Fitch is starting to see the
financial repercussions of its sleazy sales techniques."
Hodel's comments came in response
to a story in December 5ths Wall Street
Journal that noted A&F's in-store sales had dropped 13 percent in
November -- and its stock has lost over 16 percent of its value since Focus on
the Family and other pro-family groups urged Americans not to buy the
retailer's clothes. In addition, recent trading volume is more than twice
normal.
"If I were a board member of
Abercrombie & Fitch -- or an investment manager -- this news would make me
very nervous; I would be very concerned about stockholder lawsuits," Hodel
said. "The precipitous drop in sales and stock value may be directly tied
to the company's offensive marketing philosophy. And critics are not going to
let up unless there is a change in that marketing policy."
A change in A&F's policy seems
unlikely, however, based on comments from spokesmen since the 2003 Christmas Field Guide and its
celebrations of group sex, oral sex and masturbation prompted the boycott. The
clothier removed the catalog from store shelves over Thanksgiving -- claiming
it needed the counter space to sell a new line of perfume -- but has refused to
admit its use of naked models to market clothes to kids is wrong or will be
altered.
In fact, company spokesman Hampton
Carney defiantly told CNN/Money that "our spring quarterly will be back in
January, and everyone will see that there's no change in our editorial policy.
We will still have butts and partial nudity."
“If that's true,” Hodel said, “then
A&F will still have to face the outrage of Americans who have had enough of
"companies that think sexploitation at a time of rising rates of sexually
transmitted diseases is OK if it separates people from their money.
“The boycott should and will
continue," he added, "until Abercrombie & Fitch either stops
exploiting our children or goes out of business as the result of its refusal to
stop exploiting our children."