A&F appoints Christos Angelides as Brand President

Abercrombie & Fitch (A&F) has brought on board, Christos Angelides as the President

of its Abercrombie & Fitch and abercrombie kids brands, a position he is expected to take up in October 2014. Angelides will report to A&F Chief Executive Officer Mike Jeffries and will have overall responsibility for all product and customer-facing activities for the Abercrombie & Fitch and abercrombie kids brands. He will also be accountable for the financial performance of the brands.

Commenting on the new appointment, Mike Jeffries said, “We are excited to welcome Christos to the Abercrombie & Fitch team and to deepen our bench of senior leadership talent. Christos brings 28 years of experience working with a multi-billion dollar international retailer. His experience with all aspects of running a business made him the perfect candidate for this newly created role.”

Angelides has spent his entire career with Next, a highly successful six billion dollar fashion retail and internet chain based in the United Kingdom, where he has most recently served as Group Product Director since August 2000. Next operates through nearly 700 stores in more than 40 countries and through a direct to consumer business, consisting of a catalog and online site, serving customers in over 60 countries. During his tenure as Group Product Director, Next has posted strong growth in sales and profits, and the firm has generated significant shareholder returns.

Angelides, who is also a member of Next's Board of Directors, has management responsibility for all product functions. Prior to being named Group Product Director, he held a number of senior management roles including General Manager of Next's sourcing office in Hong Kong, Womenswear Product Director and Menswear Product Director. Angelides serves as Chairman of Next Sourcing and Non-Executive Director of Lipsy, a young women's fashion brand owned by Next.