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Abercrombie & Fitch creates executive digital role

Abercrombie & Fitch creates executive digital role
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Abercrombie & Fitch Co. named Samir Desai to a newly-created chief digital and technology officer role. Desai will lead the company's ongoing digital transformation. He joins from fitness company Equinox, where he was chief technology officer. Abercrombie stock has nearly doubled, up 96.7% for the year to date. The benchmark S&P 500 index has gained 15.2% for the period.