Abercrombie & Fitch Soars with Billion-Dollar Comeback and '90s Revival

Abercrombie & Fitch has made a significant comeback, posting its best first quarter in history with $1 billion in net sales, driven by savvy inventory management and a deep understanding of current fashion trends. This success, part of a broader seven-year transformation, signals hope for other iconic mall-based brands like American Eagle and Gap, though it doesn't necessarily herald a full revival of traditional malls.