Abercrombie & Fitch Co. Pledges Financial Support for Nationwide Children's Hospital's Behavioral Health Initiatives
Rhea-AI Summary
Abercrombie & Fitch Co. (NYSE:ANF) has announced a $15 million pledge over six years to support behavioral health initiatives through Nationwide Children's Hospital and The Kids Mental Health Foundation. The funding will enhance behavioral health crisis services in central Ohio and provide free educational resources nationwide.
The company's support will be recognized through the naming of a new Close To HomeSM center in New Albany, Ohio, scheduled to open in 2027. This facility will offer advanced urgent care, imaging, specialty clinics, and therapy services. The partnership, which began in 2002, will also include support for The Challenge, ANF's annual music festival and fundraiser, scheduled for September 19, 2025.
Positive
- Significant commitment of $15 million demonstrates strong corporate social responsibility
- Long-term partnership since 2002 shows sustained commitment to community engagement
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, ANF declined 0.44%, reflecting a mild negative market reaction. This price movement removed approximately $21M from the company's valuation, bringing the market cap to $4.82B at that time.
Data tracked by StockTitan Argus on the day of publication.
Funding will support behavioral health crisis services at Nationwide Children's Hospital and provide free educational resources through The Kids Mental Health Foundation.
The global retailer's continued support of Nationwide Children's impactful efforts will be reflected in two key ways:
- Nationwide Children's Behavioral Health Crisis Services: Nationwide Children's is a national leader in addressing behavioral and mental health crises among youth, and Abercrombie & Fitch Co. will support and help expand those crucial services. Nationwide Children's is home to the largest pediatric behavioral health network of any children's hospital in
the United States .
- The Kids Mental Health Foundation: Founded by the behavioral health experts at Nationwide Children's, The Kids Mental Health Foundation provides free educational resources for parents, educators and coaches. The resources are custom-built by Nationwide Children's experts to help adults learn how to start talking about mental health and build skills with their children before a concern or emergency. More than 24 million people have engaged with the foundation's materials.
Nationwide Children's is naming a new building in
"Abercrombie & Fitch Co. has long been a supporter of Nationwide Children's Hospital's mission, and their new commitment will help us provide the best possible outcomes for children," said Tim Robinson, Chief Executive Officer at Nationwide Children's. "More families in central
"At Abercrombie & Fitch Co., our purpose drives everything we do and with our partners, we're committed to creating meaningful, positive impact," said Fran Horowitz, Chief Executive Officer at Abercrombie & Fitch Co. "Together, with Nationwide Children's and The Kids Mental Health Foundation, we can work towards a day when there is no difference in the level of support, care and treatment between mental health and physical health."
This new announcement builds on the long-standing partnership between Nationwide Children's and Abercrombie & Fitch Co., which first began in 2002. Additionally, The Kids Mental Health Foundation will also be one of Abercrombie & Fitch Co.'s impact partners for the retailer's annual music festival and fundraiser, The Challenge, held in
About Nationwide Children's Hospital
Named to the Top 10 Honor Roll on
About The Kids Mental Health Foundation
The Kids Mental Health Foundation is the leading organization promoting mental health for children in
About Abercrombie & Fitch Co.
Abercrombie & Fitch Co. (NYSE: ANF) is a global, digitally led, omnichannel specialty retailer of apparel and accessories catering to kids through millennials with assortments curated for their specific lifestyle needs. The company operates a family of brands, including Abercrombie & Fitch and Hollister brands, each sharing a commitment to offer products of enduring quality and exceptional comfort that support global customers on their journey to being and becoming who they are. Abercrombie & Fitch Co. operates approximately 790+ stores under these brands across
Contact: Media Relations
Nationwide Children's Hospital
Marketing and Public Relations
(614) 355-0495
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SOURCE Nationwide Children’s Hospital