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Oxford Street shopper with Hollister bag in London
(Mike Kemp/Getty Images)
millennial core

Hollister is the hottest thing in Abercrombie & Fitch’s wardrobe again

A new Y2K Taco Bell collaboration could spice things up further.

Tom Jones

The stage in life where you start saying, “That was in fashion when I was your age!” sadly comes for us all, as trend cycles continue to spin — spitting everything from iPods and wired headphones to froyo and baggy jeans back into mainstream culture. 

One brand that’s well positioned (and seemingly very willing) to capitalize on this nostalgia-driven appetite for all things 2000s? Hollister, the coastal-inspired mall staple launched by Abercrombie & Fitch at the turn of the millennium.

Aughts to do

Younger consumers might never understand the uniquely jarring sensory experience of walking into a dimly lit Hollister in the 2000s, to be greeted by shirtless male store assistants and blasted by overwhelming pop chart fodder, since the company revamped its stores around the mid-2010s.

But the brand hasn’t ditched all of its heritage, leaning into its roots with a Y2K revival collection in the summer and a new noughties-tinged Taco Bell collab.

It appears to be paying off, too: a day after announcing the new Taco Bell line, Abercrombie & Fitch reported earnings that crushed expectations and sent shares soaring, with Hollister’s growth cementing its position, once again, as the prize item in Abercrombie’s closet.

Abercrombie Hollister sales chart
Sherwood News

Hollister and its parent company more broadly have faced the dilemma: do you age your products with the people who liked them initially — ditching teens for millennials who are starting families and buying houses — or stick to your guns and hope you can still appeal to teenagers today?

Between its two biggest brands, A&F has managed to do a bit of both. It’s added more diversified offerings for men’s and women’s wear across Abercrombie; it’s also doubled down on the younger demographic through Hollister, having enlisted Gen Z favorite Benson Boone for a promo campaign and pumped money into influencer programs, cultivating demand for youth-targeted ranges.

With Hollister now the number 1 apparel brand for female teens, disrupting Nikes dominance,” according to a Piper Sandler survey from earlier this year, A&F’s efforts to modernize the brand seem to be working.

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Paramount sues Warner Bros. for more info on its deal with Netflix, says it plans to nominate new directors

It’s a fresh week and that means a fresh bit of escalation in the ongoing Warner Bros. Discovery merger drama.

At an upcoming meeting, Paramount Skydance plans to “nominate a slate of [WBD] directors who, in accordance with their fiduciary duties, will... enter into a transaction with Paramount,” CEO David Ellison wrote in a letter to WBD shareholders disclosed on Monday.

Ellison also said that Paramount sued WBD in Delaware court in an effort to force the board to disclose “basic information” that will allow shareholders to make an informed decision between Paramount’s offer and one from Netflix. WBD shares dipped about 2% on Monday morning.

The latest update follows Paramount’s move last week to reaffirm — but not raise — its $30-per-share offer for WBD. Some saw that decision as Paramount effectively throwing in the towel on its merger hopes, given that the same deal has been rejected twice by the WBD board and winning over shareholders directly is a difficult process. Monday’s disclosure appears to signal that whether it loses or not, Paramount isn’t going to make Netflix’s acquisition easy.

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