Abercrombie & Fitch is investigating abuse accusations against ex-CEO

Catch up with NBC News Clone on today's hot topic: Abercrombie Fitch Ceo Mike Jeffries Investigation Abuse Rcna118789 - Business and Economy | NBC News Clone. Our editorial team reformatted this story for clarity and speed.

The retailer says it's engaged a law firm to investigate accusations that Mike Jeffries, its CEO from 1992 to 2014, exploited young men.
Get more newsAbercrombie Fitch Ceo Mike Jeffries Investigation Abuse Rcna118789 - Business and Economy | NBC News Cloneon

Abercrombie & Fitch says it is investigating allegations that ex-CEO Mike Jeffries, who led the company for more than 20 years and defined its modern image, exploited men at sex parties he hosted.

BBC News reported on Monday that 12 men described attending or organizing events that included sex acts for Jeffries and his partner Matthew Smith. Some of those men said they were exploited or didn't participate willingly. Those events took place from 2009 to 2015, according to the BBC.

Two of the men the BBC spoke to disclosed their identities on-the-record, and the BBC said it had confirmed key points of their stories by fact-checking emails, flight tickets and other documents as well as interviewing dozens of other people.

It was not clear if any of the men had filed police reports.

The BBC also reported that in the months before Jeffries left the company, a pension fund that had invested in Abercrombie & Fitch initiated a legal claim that the company had paid out settlements after allegations of "misconduct" by Jeffries.

Michael Jeffries, then-CEO of Abercrombie
Michael Jeffries, then-CEO of Abercrombie, speaks at a conference in New York on Jan. 13, 2009.Mark Lennihan / AP file

Brian Bieber, Jeffries’ attorney, told NBC News that Jeffries would not comment on reports about his personal life. Smith did not respond to requests for comment.

In a statement emailed to NBC News, a spokesperson for Abercrombie & Fitch said the company was "appalled and disgusted" by the allegations. It said that its current leadership and board were not aware of the allegations against Jeffries, and that it has engaged an outside law firm to investigate the issues raised by the BBC's reporting.

Jeffries was CEO of Abercrombie & Fitch from 1992 to 2014. When he was hired, the company had recently emerged from bankruptcy and had a stodgy image. During his tenure, it became a much-imitated retailer that defined how younger people looked and dressed.

It was also frequently criticized and repeatedly boycotted for sexualized ads and messages on its clothes.

Later in Jeffries' tenure, the company fell behind rivals and newer fast fashion competitors. Its financial results also began to weaken, which hurt the company's stock. Jeffries lost his title as chairman following pressure from investors, and then left the company.

Most of Abercrombie & Fitch's current management and board of directors joined after Jeffries left the company, although Fran Horowitz, who has been CEO since February 2017, was president of A&F's Hollister brand for the last two months of Jeffries' tenure.

AdBlock Detected!
Please disable it to support our content.
×

Related Articles

Donald Trump Presidency Updates - Politics and Government | NBC News Clone | Joe Biden Campaign News - Politics and Government | NBC News Clone | Kamala Harris Vp Announcement - Politics and Government | NBC News Clone | Trump Indictment Latest - Politics and Government | NBC News Clone | Election Results Live - Politics and Government | NBC News Clone | Swing States Polling - Politics and Government | NBC News Clone | Debate Highlights - Politics and Government | NBC News Clone | Budget Approval 2025 - Politics and Government | NBC News Clone | Abortion Ruling - Politics and Government | NBC News Clone | Us China Relations - Politics and Government | NBC News Clone | Inflation Rates 2025 Analysis - Business and Economy | NBC News Clone | Federal Reserve Interest Rates - Business and Economy | NBC News Clone | Stock Market Today - Business and Economy | NBC News Clone | Recession Prediction 2025 - Business and Economy | NBC News Clone | Jobs Report Unemployment - Business and Economy | NBC News Clone | Ai Stock Surge - Business and Economy | NBC News Clone | Housing Market Crash - Business and Economy | NBC News Clone | Oil Prices Update - Business and Economy | NBC News Clone | Amazon Prime Sales - Business and Economy | NBC News Clone | Bitcoin Etf Approval - Business and Economy | NBC News Clone | Latest Vaccine Developments - Health and Medicine | NBC News Clone | Covid Variants Update - Health and Medicine | NBC News Clone | Boosters New Guidelines - Health and Medicine | NBC News Clone | Anxiety Depression Treatment - Health and Medicine | NBC News Clone | Longevity Research - Health and Medicine | NBC News Clone | Diet Trends 2025 - Health and Medicine | NBC News Clone | Workout Routines - Health and Medicine | NBC News Clone | Fda Approvals 2025 - Health and Medicine | NBC News Clone | Ukraine Russia Conflict Updates - World News | NBC News Clone | Israel Palestine War News - World News | NBC News Clone | China Taiwan Tensions - World News | NBC News Clone | Middle East Peace Talks - World News | NBC News Clone | European Union Politics - World News | NBC News Clone | Development News - World News | NBC News Clone | North Korea Missile Test - World News | NBC News Clone | Brazil Election - World News | NBC News Clone | Openai Chatgpt News - Technology and Innovation | NBC News Clone | Google Bard Ai - Technology and Innovation | NBC News Clone | Ai Regulation Laws - Technology and Innovation | NBC News Clone | Tiktok Ban Update - Technology and Innovation | NBC News Clone | Data Breaches 2025 - Technology and Innovation | NBC News Clone | Iphone 16 Release - Technology and Innovation | NBC News Clone | Nasa Mars Mission - Technology and Innovation | NBC News Clone | Web3 Developments - Technology and Innovation | NBC News Clone | 2024 Paris Games Highlights - Sports and Recreation | NBC News Clone | Super Bowl 2025 Preview - Sports and Recreation | NBC News Clone | Nba Playoffs 2025 - Sports and Recreation | NBC News Clone | Champions League Finals - Sports and Recreation | NBC News Clone | World Series 2025 - Sports and Recreation | NBC News Clone | Masters Tournament 2025 - Sports and Recreation | NBC News Clone | Extreme Weather Events - Weather and Climate | NBC News Clone | Hurricane Season 2025 - Weather and Climate | NBC News Clone | Global Warming Report - Weather and Climate | NBC News Clone | Weekly Weather Update - Weather and Climate | NBC News Clone | Earthquake Alerts - Weather and Climate | NBC News Clone | Solar Storm Warning - Weather and Climate | NBC News Clone | Hollywood Updates - Entertainment and Celebrity | NBC News Clone | Oscar Nominations 2025 - Entertainment and Celebrity | NBC News Clone | Grammy Awards 2025 - Entertainment and Celebrity | NBC News Clone | Netflix New Releases - Entertainment and Celebrity | NBC News Clone | Video Game Releases - Entertainment and Celebrity | NBC News Clone | Bestseller List - Entertainment and Celebrity | NBC News Clone | Government Transparency - Investigations and Analysis | NBC News Clone | Political Corruption - Investigations and Analysis | NBC News Clone | Big Tech Monopoly - Investigations and Analysis | NBC News Clone | Data Privacy Scandal - Investigations and Analysis | NBC News Clone | Community Stories - Local News and Communities | NBC News Clone | Nyc Mayor News - Local News and Communities | NBC News Clone | La Wildfires Update - Local News and Communities | NBC News Clone | Hurricane Preparedness - Local News and Communities | NBC News Clone