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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: sykesix   😊 😞
Number: of 4460 
Subject: Re: How the mighty can fall
Date: 11/19/25 12:51 AM
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One store not on your list that you probably have heard of lately is Abercrombie & Fitch. Abercrombie & Fitch started off as a high-end outdoor adventure outfitter based on New York City. They eventually fell on hard times and declared bankruptcy in 1976. The brand however survived and was later purchased by Les Wexner, who operated such brands as Victoria's Secret, Lane Bryant, Lerner, and other top fashion brands. Wexner also retained Jeffery Epstein as his financial advisor, but that's a different story. Abercrombie & Fitch then became the sexy, casual fashion brand we know today.

Back when my reflexes were fast and my eyesight keen, I use to trap shoot competitively. One of my shotguns that I still own is Perazzi. It is stamped on the barrel as imported from Italy by Abercrombie & Fitch. It blows people's minds who don't know the brand history when I show them that. The kicker though, is "Fitch" is misspelled "Fith." Somebody had one job...
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