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Former Abercrombie & Fitch CEO Mike Jeffries and an alleged accomplice pleaded not guilty on Friday to sex trafficking and interstate prostitution charges. Jeffries’ romantic partner, Matthew Smith, who was also arrested on Tuesday on sex trafficking charges, wasn’t at the arraignment. Jeffries, Smith and Jacobson have each been hit with a single count of sex trafficking, as well as 15 counts of interstate prostitution tied to 15 alleged victims. They organized “sex events” in England, France, Italy, Morocco, St. Barts, New York City and the Hamptons for Jeffries, Smith and “others,” according to the indictment. Afterward, it was either Jacobson or the staff members who paid the men for attending the sex events, it says.

Persons: Mike Jeffries, Jeffries, James Jacobson, Jacobson, Brian H, Bieber, Jeffries ’, Matthew Smith, wasn’t, Smith, ” Jeffries, Peace, “, Prosecutors, ”, Fitch, Abercrombie Organizations: Abercrombie, Fitch, West Palm Beach, Eastern, of, Hamptons, Jeffries, BBC, NBC News, CNBC Locations: Central Islip , New York, West Palm Beach , Florida, Florida , New York City, Long, Rice Lake , Wisconsin, West Palm, of New York, England, France, Italy, Morocco, St, Barts , New York City, U.S

☆ Former Abercrombie CEO Mike Jeffries arraigned on sex trafficking charges
▼ + stars: | 2024-10-25 | by ( Mark Morales | ) edition.cnn.com time to read: +3 min

CNN —Former Abercrombie & Fitch CEO Michael Jeffries pleaded not guilty to a 16-count indictment at his arraignment in a New York federal court on Friday. Jacobson was employed by Jeffries and Smith to recruit, interview and hire men to perform commercial sex acts for Jeffries and Smith, according to the indictment. His attorneys did not comment as they left the courtroom, and Jeffries is due back in court on December 12. Jefferies stepped down as CEO of Abercrombie & Fitch in December 2014, having run the company since 1992. “As we shared when the accusations were first made public in October 2023, we are appalled and disgusted by the alleged behavior of Mr. Jeffries, whose employment with Abercrombie & Fitch Co. ended nearly ten years ago,” Abercrombie & Fitch said in a statement Wednesday.

Persons: Michael Jeffries, Jeffries, He’s, Matthew Smith, ”, Smith, James Jacobson, Jacobson, Jefferies, ” Abercrombie, Fitch, Gingras, Kara Scannell, Laura Dolan, John Towfighi Organizations: CNN, Abercrombie, Fitch, ”, Eastern, of, Abercrombie & Fitch, Abercrombie & Fitch Co Locations: New York, New York City, Long, Florida, Peace, of New York, West Palm Beach , Florida, Rice Lake , Wisconsin

☆ Abercrombie ex-CEO Mike Jeffries to plead not guilty in sex crimes case
▼ + stars: | 2024-10-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Michael Jeffries, former CEO of Abercrombie & Fitch, leaves following a hearing at the Paul G. Rogers Federal Building and U.S. Former Abercrombie & Fitch CEO Mike Jeffries and his associate will plead not guilty Friday to federal criminal charges of sexually exploiting dozens of men, many of whom sought to be models for the clothing brand. Jeffries, 80, and James Jacobson, 71, are set to be arraigned in U.S. District Court in Long Island, New York, three days after being arrested on sex trafficking and interstate prostitution charges. Attorneys for both men confirmed to CNBC earlier Friday that their clients would enter not-guilty pleas. The graphic 16-count indictment unsealed Tuesday accuses Jeffries and his romantic partner Matthew Smith, 61, of operating an international sex trafficking enterprise over more than six years, most of which overlapped with Jeffries' tenure as CEO of Abercrombie.

Persons: Michael Jeffries, Abercrombie &, Paul G, Mike Jeffries, Jeffries, James Jacobson, Matthew Smith, Abercrombie Organizations: Abercrombie, Abercrombie & Fitch, Rogers Federal Building, ., Fitch, CNBC Locations: West Palm Beach , Florida, U.S, Long Island , New York

☆ Big Tech goes nuclear: Amazon's pitch to use power plants shows the crucial role the energy source plays for AI
▼ + stars: | 2024-10-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, inside Amazon's internal pitch for turning to nuclear power to meet its growing energy needs . AdvertisementThat's led Big Tech to consider nuclear power to address its skyrocketing energy requirements. Nuclear power ticks that box better than other clean energy options like solar or wind. Nuclear power, meanwhile, is an industry in desperate need of some love , BI's Daniel Geiger and Ellen Thomas previously reported. From advertising platforms to AI tech companies, here's the startups to watch .

Persons: —, Jocko Willink, we've, Jenny Chang, Rodriguez, That's, Business Insider's Eugene Kim, Andy Jassy, it's, Sam Altman, Eugene, BI's Hasan Chowdhury, BI's Daniel Geiger, Ellen Thomas, Jim Burke, Vistra, Chelsea Jia Feng, Elon Musk, Jean Boivin, He's, Marc Benioff isn't, bashed, Miles Brundage, OpenAI, Emma Tucker's, Tucker, Mike Jeffries, SpaceX's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Navy, Big Tech, Amazon, Microsoft, Google, Keystone, Hulton, Constellation Energy, Getty, EV, BlackRock Investment Institute, San Francisco, BI, AGI, Abercrombie, Fitch Locations: Fukushima, Pennsylvania, Arizona, New York, London

☆ Years of controversy preceded the arrest of the ex-CEO of Abercrombie & Fitch
▼ + stars: | 2024-10-24 | by ( Madeline Berg | ) www.businessinsider.com time to read: +9 min

Former Abercrombie & Fitch CEO Mike Jeffries was charged with sex trafficking on Tuesday. AdvertisementLong before federal charges hit, there were concerns about former Abercrombie & Fitch CEO Mike Jeffries — and lawsuits that attacked the way he ran his company. Attorneys for Jeffries and Smith told Business Insider in statements that they would respond "in the courthouse." "This is very much a military operation," Jeffries told The Wall Street Journal in 1997. The pilot accused the CEO of enacting similar standards on board as in Abercrombie stores and firing him due to his age.

Persons: Mike Jeffries, Jeffries, Abercrombie, —, Mike Jeffries —, Matthew Smith, Smith, Fitch, Les Wexner, Jeffrey Epstein, Paul Harris, Bruce Weber, Weber, Barts, Tig Ol, Erik Gordon, Jeffries shouldn't Organizations: Abercrombie, Fitch, Service, Prosecutors, Wall Street, Revenue, CNN, Hamptons, Employees, Supreme, University of, BBC, Eastern, of Locations: Midwest, New York City, St, Oklahoma, Assam, Darjeeling, of New York

☆ Abercrombie’s worst nightmare is back. But its customers have moved on
▼ + stars: | 2024-10-23 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

“We are a positive, inclusive brand, with a nice sensibility, very different from what they encountered in the past,” Fran Horowitz, now Abercrombie’s CEO, said in 2016. Today, Abercrombie’s stores are lighter than they once were and its clothes are looser. Abercrombie’s sales have grown and its stock has increased more than 400% since Jeffries stepped down as CEO. But retail analysts say that Abercrombie’s brand won’t be hurt by the indictment because of how much separation Abercrombie has been able to create from its former CEO. Older Abercrombie customers who remember the brand’s sexualized marketing have accepted Abercrombie’s rebrand, while a new generation of customers are too young to remember the old era.

Persons: Fitch, Mike Jeffries, Jeffries, Abercrombie, “, ” Fran Horowitz, Jeffries ’, ”, ” Jeffries, Fran, Marni Shapiro, Neil Saunders, Shapiro, Papa John’s, Shaq, John Schnatter, Chip Wilson, Wilson, Lululemon, CNN’s Brynn Gingras, Kara Scannell, John Towfighi Organizations: New, New York CNN, Abercrombie, Attorney, Eastern, of, XXL, Netflix, Fitch, Penske Media, GlobalData, CNN Locations: New York, Peace, U.S, of New York

☆ Abercrombie & Fitch responds to former CEO's sex trafficking arrest, says it will cooperate with law enforcement
▼ + stars: | 2024-10-23 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

Former Abercrombie & Fitch Chairman and CEO Mike Jeffries addresses stockholders during the company's annual meeting at its headquarters in New Albany, Ohio, on May 22, 2003. Abercrombie & Fitch washed its hands of its former CEO Mike Jeffries after he was arrested on federal sex trafficking charges, saying in a Wednesday statement the company is "committed to fully cooperating with law enforcement as the legal process continues." Jeffries and Smith are accused of coercing aspiring Abercrombie models into sex acts in exchange for modeling gigs, among other acts. In its statement, Abercrombie said it supports the victims who have come forward. "Our thoughts remain with those who have bravely raised their voices as part of the federal investigation."

Persons: Mike Jeffries, Fitch, Jeffries, Abercrombie, Jeffries —, Matthew Smith, Smith, Brian Bieber, Bieber, Fran Horowitz Organizations: Abercrombie, Fitch, Abercrombie & Fitch Co, CNBC, BBC, NBC Locations: New Albany , Ohio

The former CEO of Abercrombie & Fitch, Mike Jeffries, has been arrested on sex trafficking and interstate prostitution charges, according to two senior law enforcement officials briefed on the matter. Two other associates, Matthew Smith of West Palm Beach and James Jacobson of Wisconsin, were also arrested in connection with sex trafficking charges. Jeffries’ attorney, Brian Bieber, told NBC News at the time that Jeffries would not comment on reports about his personal life. Abercrombie & Fitch said the company was “appalled and disgusted” by the allegations in the BBC report. "We look forward to holding Abercrombie and Fitch liable for facilitating this terrible conduct and ensuring that this cannot happen again."

Persons: Abercrombie & Fitch, Mike Jeffries, Jeffries, Matthew Smith of, James Jacobson of, Matthew Smith, Jeffries ’, Brian Bieber, Fitch, ”, Bieber, “, Brittany Henderson, Abercrombie Organizations: Abercrombie, Matthew Smith of West Palm Beach, U.S, Attorney, Eastern, of, BBC News, BBC, NBC News, NBC, Fitch, CNBC Locations: West Palm Beach , Florida, Matthew Smith of West Palm, James Jacobson of Wisconsin, Florida and Wisconsin, New York, of New York

In this article ANF Follow your favorite stocks CREATE FREE ACCOUNTFile: Mike Jeffries, then Abercrombie & Fitch CEO in 2005. Michael Loccisano | FilmMagic | Getty ImagesFormer Abercrombie & Fitch CEO Mike Jeffries and two other men were arrested and charged with 16 counts of sex trafficking and interstate prostitution by federal prosecutors in New York, case documents made public Tuesday showed. All three men face one count of sex trafficking and 15 counts of interstate prostitution related to alleged misconduct that spanned from December 2008 to March 2015. The indictment in U.S. District Court in Long Island alleges that the defendants and others "operated an international sex trafficking and prostitution business" during that time. Shares of Abercrombie & Fitch are up nearly 80% so far this year, after outperforming tech stars like Nvidia and Meta in 2023.

Persons: Mike Jeffries, Michael Loccisano, Jeffries, Matthew Smith, James Jacobson, Smith, Abercrombie, Fran Horowitz, Fitch, Hannes Magerstaedt, Jacobson, Brian Bieber, Michael Jeffries, presser, Richard Levine Organizations: Abercrombie, Fitch, FilmMagic, Getty, Former Abercrombie, CNBC, Nvidia, Meta, of, NBC News, BBC, Herald, Corbis Locations: New York, West Palm Beach , Florida, Brooklyn, U.S, Long, Manhattan, Munich, Germany, West Palm Beach, Madison , Wisconsin, Eastern, of New York

☆ Former Abercrombie & Fitch CEO Mike Jeffries arrested in sex-trafficking case
▼ + stars: | 2024-10-22 | by ( Alex Bitter | Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

Former Abercrombie & Fitch CEO Mike Jeffries has been arrested, a person familiar said. A lawyer for Jeffries told BI that the ex-CEO would respond to the allegations in court. AdvertisementFormer Abercrombie & Fitch CEO Mike Jeffries has been arrested on charges related to sex trafficking, a source with knowledge of the situation told Business Insider. A third man who allegedly facilitated the trafficking was arrested in Wisconsin, the Journal said. Abercrombie & Fitch declined to comment to BI.

Persons: Mike Jeffries, Jeffries, —, Jefferies, Matthew Smith, Brian Bieber, Smith, Fitch Organizations: Abercrombie, Fitch, BI, Service, Business, Street Journal, Brooklyn US, BBC Locations: Florida, Wisconsin, Brooklyn

New York CNN —Mike Jeffries, the former CEO of Abercrombie & Fitch, has been arrested on charges related to sex trafficking, two sources familiar with the case tell CNN. Smith, 61, of West Palm Beach, Florida, was the romantic partner of former Abercrombie & Fitch CEO Mike Jeffries. Abercrombie & Fitch said it was “appalled” by the allegations and launched an independent investigation into the matter. Jeffries served as CEO of Abercrombie & Fitch from 1992 until 2014, when the company announced his retirement. That year, Abercrombie & Fitch succumbed to the pressure and announced they would begin offering plus-sizes in some clothing.

Persons: Mike Jeffries, Abercrombie &, Jeffries, Matthew Smith, James Jacobson, Smith, Jacobson, Paul Minnesota, “, ”, Brian Bieber, Michael Jeffries, Saint Barthélémy, it’s, Fitch, Abercrombie, Zers Organizations: New, New York CNN, Abercrombie, Abercrombie & Fitch, CNN, of, Prosecutors, Fitch, Southern District of, Hamptons Locations: New York, Eastern, of New York, West Palm Beach , Florida, Rice Lake , Michigan, Southern District, Southern District of Florida, Wisconsin, St, Paul, United States, New York City, England, France, Italy, Morocco, Minnesota

☆ Legal expert breaks down what prosecutors may look at in Mike Jeffries case
▼ + stars: | 2024-10-22 | by ( ) edition.cnn.com time to read: 1 min

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For gay men and other LGBTQ+ people, “their friends and family may not be aware of how they identify. "And men as a category don’t meet that stereotype, even though all the research has shown us that at least 9% of sexual assault survivors are male.”__This story includes discussion of sexual assault. If you or someone you know needs help, call the National Sexual Assault Hotline at 800-656-4673 or go to https://hotline.rainn.org. Schultz saw others in the opera community rally around the attackers, and was criticized for besmirching the reputation of prominent gay men. Gay men often gather in bars – spaces they feel safe to be themselves.

Persons: Sam Schultz, Schultz, there’s, ” Schultz, ”, Scott Berkowitz, “, Anthony Edwards, Fatima Goss Graves, __ Schultz, David Daniels, Scott Walters, Daniels, Xerxes, didn’t, Walters, they’ve, “ You’re, Ted Gideonse, Gideonse, ” Gideonse, ‘, Mike Jeffries, Jeffries, Matthew Smith Organizations: Associated Press, Sciences, RAINN, Women’s Law Center, Legal Defense Fund, National Women’s Law, Houston’s Rice University, Houston, University of California, Washington, BBC, Abercrombie, Fitch, Abercrombie & Fitch Locations: Irvine, New York, Paris, London

☆ Model Sues Abercrombie & Fitch Saying Former CEO Ran Sex Trafficking Ring
▼ + stars: | 2023-10-28 | by ( Hannah Getahun | Associated Press | ) www.businessinsider.com time to read: +5 min

A male model sued Abercrombie & Fitch, saying the company allowed its former CEO to exploit models. The lawsuit comes after the BBC published a report with claims the CEO ran a sex trafficking ring. CEO Mike Jefferies 'sexually abused his many victims' the lawsuit said. AdvertisementAdvertisementA former model for Abercrombie & Fitch on Friday sued the fashion retailer, alleging it allowed its former CEO Mike Jeffries to run a sex-trafficking organization during his 22-year tenure. Men said they were exploited or abused, and others noted that modeling opportunities were tied to participation in sex acts.

Persons: Mike Jefferies, —, Fitch, Mike Jeffries, Jeffries, Abercrombie, Matthew Smith, David Bradberry, Smith, Brian Bieber, Bieber Organizations: Abercrombie, Fitch, BBC, Service, Court, Southern, of Locations: of New York, New York, New Albany , Ohio

☆ Abercrombie Sued Over Former CEO’s Alleged Abuse of Male Models
▼ + stars: | 2023-10-27 | by ( Khadeeja Safdar | ) www.wsj.com time to read: 1 min

Mike Jeffries ran Abercrombie from 1992 until 2014. Photo: Mark Lennihan/Associated PressAbercrombie & Fitch was accused in a lawsuit of enabling former chief Mike Jeffries to run an alleged sex-trafficking operation for years. Jeffries ran Abercrombie from 1992 until 2014 and built the brand into a global fashion giant around sexualized marketing. The CEO allegedly used promises of a job at Abercrombie to lure young men to locations around the world and coerced them to have sex with him and others, according to a lawsuit filed Friday in Manhattan federal court. The complaint follows a recent BBC investigation where several men made similar claims against Jeffries.

Persons: Mike Jeffries, Abercrombie, Mark Lennihan, Fitch, Jeffries Organizations: Associated Press Abercrombie, Abercrombie Locations: Manhattan

☆ Abercrombie Sued Over Former CEO’s Alleged Sexual Abuse of Male Models
▼ + stars: | 2023-10-27 | by ( Khadeeja Safdar | ) www.wsj.com time to read: 1 min

Persons: Mike Jeffries, Abercrombie, Mark Lennihan, Fitch, Jeffries Organizations: Associated Press Abercrombie, Abercrombie Locations: Manhattan

NEW YORK (AP) — A former model for Abercrombie & Fitch on Friday sued the fashion retailer, alleging it allowed its former CEO Mike Jeffries to run a sex-trafficking organization during his 22-year tenure. Jeffries, who left Abercrombie in 2014, converted the chain from an struggling retailer of hunting apparel to a seller of must-have teen clothing. The lawsuit comes after a BBC report earlier this month raised similar allegations against Jeffries and his partner Matthew Smith. Political Cartoons View All 1223 ImagesThe lawsuit names Jeffries, Smith, and the Jeffries Family Office LLC. It seeks class-action status and estimates that over a hundred young models, in addition to Bradberry, were victims.

Persons: —, Fitch, Mike Jeffries, Jeffries, Abercrombie, Matthew Smith, David Bradberry, “ Jeffries, Smith, “, ” Jeffries, Brian Bieber, ”, Bieber, Anne Organizations: Abercrombie, BBC, Southern, of Locations: U.S, of New York, New York, New Albany , Ohio

☆ Abercrombie & Fitch, ex-CEO sued over sex abuse and trafficking accusations
▼ + stars: | 2023-10-27 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

Abercrombie and Fitch is in the midst of a major comeback, but the retailer is still being haunted by the alleged sins of former chief executive Mike Jeffries. The company was sued Friday for turning a blind eye to Jeffries' alleged misconduct, court records show. He's accused of running a sprawling sex trafficking ring that exploited young men hoping to become models for the brand. It comes just weeks after the BBC published an investigation into Jeffries and Abercrombie that made similar accusations. Following the event, Bradberry was flown to Nice, France, where he was again forced to perform sex acts on Jeffries, the suit states.

Persons: Abercrombie, Fitch, Mike Jeffries, Jeffries, He's, who's, Brian Bieber, didn't, Mr, Bieber, David Bradberry, Bradberry, Michael Jeffries, lightheaded, Andrews, Leslie Wexner, Fran Horowitz, Wall Organizations: BBC, CNBC, Hamptons, Alcott Locations: Manhattan, Nice, France

☆ Abercrombie & Fitch says it is 'appalled' by allegations against former CEO Mike Jeffries
▼ + stars: | 2023-10-04 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +4 min

New York CNN —Abercrombie & Fitch says it has launched its own investigation into allegations originally published by the BBC that the company’s former CEO, Mike Jeffries, exploited men for sex. “We are appalled and disgusted by the behavior described in the allegations against Mr. Jeffries, whose employment with Abercrombie & Fitch Co. ended in 2014, nearly ten years ago. At least some of the parties are alleged to have occurred while Jeffries was the CEO of Abercrombie & Fitch. Jeffries’ attorney, Brian Bieber, provided a response to CNN to the BBC report, saying that “Michael is 79 years old and retired. In years past, he has chosen not to comment on media reports, documentaries, and stories of any kind as they relate to his personal life - and does not plan on doing so now.”Mike Jeffries, former Abercrombie & Fitch CEO, photographed in November 2005.

Persons: Fitch, Mike Jeffries, Jeffries, “, Matthew Smith ., Jeffries ’, Brian Bieber, Michael, ” Mike Jeffries, Michael Loccisano, ”, – Organizations: New, New York CNN, Abercrombie, BBC, Abercrombie & Fitch Co, CNN, Abercrombie & Fitch, Fitch, Brothers Laundry Service, The New York Times, & $ Locations: New York, Black

☆ Former Abercrombie & Fitch boss accused of exploiting men for sex
▼ + stars: | 2023-10-03 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Mike Jeffries faces allegations that he exploited men at sex events, per a BBC investigation. Abercrombie & Fitch said it was "appalled and disgusted" by these allegations. AdvertisementAdvertisementThe former boss of fashion giant Abercrombie & Fitch has been accused of exploiting men for sex. Abercrombie & Fitch told the BBC that it was "appalled and disgusted" by the alleged behavior of its former CEO. Abercrombie & Fitch did not immediately respond to a request for comment from Insider, made outside normal working hours.

Persons: Mike Jeffries, Fitch, —, Matthew Smith, James Jacobson, Jeffries, Abercrombie & Fitch, Jacobson, Smith, David Bradberry, Barrett Pall, Brad Edwards, Abercrombie Organizations: BBC, Abercrombie, Service, Hamptons, Fitch

☆ Starbucks new CEO wants senior leaders to work in stores. Every leader should follow suit.
▼ + stars: | 2023-04-10 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +7 min

Former Walmart CEO Greg Foran used to visit stores every week to observe factors like customer service, inventory levels, in-stock levels, and assortment. Fewer retail CEOs got their start working in storesLowe's CEO Marvin Ellison started his retail career as a Target security guard. Others went through management-training programs operated by department stores. As department stores started facing stiff competition from specialty stores, they scrambled to cut costs. These days, finding a qualified retail CEO seems like one of the hardest jobs to fill, with many companies looking outside the retail industry.

☆ Starbucks' new CEO plans to spend time working at his company's coffee shops. Here's why every retail leader should take a shift on the sales floor.
▼ + stars: | 2023-04-03 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +7 min

Former Walmart CEO Greg Foran used to visit stores every week to observe factors like customer service, inventory levels, in-stock levels, and assortment. Fewer retail CEOs got their start working in storesLowe's CEO Marvin Ellison started his retail career as a Target security guard. David Swanson/ReutersOf course, times have changed — in the past, many retail CEOs got their start at the store level. As department stores started facing stiff competition from specialty stores, they scrambled to cut costs. These days, finding a qualified retail CEO seems like one of the hardest jobs to fill, with many companies looking outside the retail industry.

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