ANF is trading at book value.
Hundreds of companies doing this. Start with check out bandwidth dot com. There's Sinch, nexmo, plivo ..
The CEO that was responsible for creating the old Branding philosophy is gone. The company has publicly separated themselves from that way of thinking and have made some pretty significant strides to try and convince the consumer. What you believe about the company is no longer true
Ambercrombie name will be around for a long time and fundamentals are strong. Perhaps patience will allow you to buy at a better price.