Abercrombie & Fitch has initiated an investigation into sexual misconduct allegations made against its former CEO, Mike Jeffries. The clothing retailer, known for its provocative marketing, is taking the claims seriously by hiring law firm Sidley Austin to lead the inquiry. The allegations were raised by a former executive assistant who accuses Jeffries of making inappropriate comments and actions during his tenure. Jeffries stepped down as CEO in 2014, and the investigation aims to determine the extent of the allegations and any potential legal action that may follow. Abercrombie & Fitch’s stock price fell by nearly 15% following the news..
Abercrombie & Fitch launches investigation into ex-CEO sexual misconduct
claims
Abercrombie & Fitch has initiated an investigation into allegations of sexual misconduct made against its former CEO, Mike Jeffries. The company is taking these claims seriously and aims to ensure a safe and respectful workplace environment for all employees. This investigation comes after a lawsuit filed by a former employee who accused Jeffries of fostering a discriminatory and misogynistic culture within the company. Abercrombie & Fitch has faced criticism in the past regarding its approach to workplace conduct and appearance requirements, and the investigation is seen as a step towards addressing these concerns.
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