The company announced consolidated earnings results for the year 2012. For the year, the company reported net sales of $4,510,805,000 compared to $4,158,058,000 a year ago. Operating income was $374,233,000 compared to $221,384,000 a year ago. Income from continuing operations before taxes was $366,945,000 compared to $217,807,000 a year ago. Net income from continuing operations was $237,011,000 or $2.85 diluted per share compared to $143,138,000 or $1.60 diluted per share a year ago. Net income was $237,011,000 or $2.85 diluted per share compared to $143,934,000 or $1.61 diluted per share a year ago. Net cash provided by operating activities was $684,171,000 compared to $365,219,000 a year ago. Capital Expenditures were $339,862,000 compared to $318,598,000 a year ago. For Fiscal 2013, the company expects to open Abercrombie & Fitch flagship locations in Seoul and Shanghai and approximately 20 international Hollister stores. The Hollister openings will include the company's first stores in Australia, the company's first store in the Middle East in Dubai through a joint venture and entry into the Japanese market for Hollister. Additionally, The company is contemplating opening international mall-based Abercrombie & Fitch stores within the next 12 months.

Majid Al Futtaim Fashion LLC announced a Joint Ventures agreement with Abercrombie & Fitch Co., with respect to A&F's HOLLISTER brand. The agreement is to develop Hollister's presence within the UAE, further supporting the brand's international growth. The first Hollister store is scheduled to open in Dubai in 2013. A&F and Majid Al Futtaim Fashion are also working toward a parallel joint venture agreement with respect to A&F's ABERCROMBIE & FITCH brand with the goal of opening an Abercrombie & Fitch store in 2014.

Abercrombie & Fitch Co. announced the promotion of Amy Zehrer to the position of Executive Vice President, Stores, from Senior Vice President, effective immediately. Zehrer will continue to report to Chairman & CEO Mike Jeffries. Zehrer has been with the company since 1992; she joined as a Manager-In-Training at the Brand's Rosedale Mall location in Roseville, Minnesota.