ChoiceStream

After months of declining web sales, e-commerce revenue ticked upward for specialty apparel retailer Abercrombie & Fitch Co. in the third quarter. Web sales increased 11.1% to $63.9 million from $57.5 million. Increased international sales were a contributing factor. Total revenue declined 14.6% to $765.4 million from $896.3 million. Comparable-store sales declined 22%. The web accounted for 8.3% of total sales compared with 6.4% in the prior year.Read the full article