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Nov 13 (Reuters) - Abercrombie & Fitch Co: * CEO says working toward ramping up int'l hollister store openings in 2010, 2011 * Exec says co does not expect "significant deviation" from 2-year same-store sales trend in Q4 * Exec sees Q4 mid-single-digit percentage reduction in mg&a * Rpt-abercrombie & fitch exec sees q4 mid-single-digit percentage reduction in mg&a expenses * CEO says co is preparing to have lower prices for the first quarter of next year * CEO says co is too light in inventory because didn't have enough trends to back * CEO: "strategically as a company, we're where we need to be" * CEO says will not discount so much in US that it hurts status of brand abroad ((New York Equities Desk; tel: +1 646 223 6000)) (For more news about Abercrombie & Fitch Co click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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