Kekst & Co. is handling beleaguered retailer Abercrombie & Fitch's decision not to shop itself.
The company, which lost $61M on $661M first-quarter revenue, had been discussing a potential transaction with several suitors.
Those talks have been put on ice.
"After a comprehensive review of all relevant factors, with the assistance of our financial advisor, the A&F board of directors determined that the best path to enhance value for stockholders is the rigorous execution of our business plan," Arthur Martinez, executive chairman, said in a statement.
A&F is upbeat about remaining independent due to "solid comparable store sales momentum" at its Hollister brand, as well as "strategies to position the Abercrombie brand for revitalized performance."
Martinez anticipates A&F's "sound aggressive action" will deliver "enhanced performance and long-term stockholder value."
Dawn Dover of Kekst represents A&F.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
Trump Media & Technology Group posted a $238M Q2 loss on $1.7M in revenues. That performance compares to a $20M loss and $883K revenues in the 2025 comparable quarter.
The Brand Amp represents Archer Aviation as it acquires Boeing’s $200M flying-taxi operation in return for a 20 percent stake in the Silicon Valley startup.
Amsterdam’s CFF Communications handles Accell Group as Europe’s No 1 e-bike and No. 2 bicycle maker declares insolvency after failing to find a buyer.
Randy Sinclair, who rose to lead investor relations at Chevron during an 11-year run, will move to Northrop Grumman on Aug. 10 as VP-IR.
