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  • Abercrombie & Fitch, the trendy chain of choice for young customers attracted to its dark, noisy stores, featuring posters of well-toned male midriffs, saw its second-quarter earnings drop by more than 50 percent on very disappointing sales, especially in Europe but also in the U.S. Teenage unemployment both in Europe and the U.S. is around 25 percent, but European sales were also hit be the reces
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