William Blair research analyst Dylan Carden was quoted in Retail Dive’s story on Abercrombie & Fitch’s “strong momentum” and the leadership of CEO Fran Horowitz.

“We believe Horowitz is leading a new class of retail leaders that come from a deep merchant background, but instinctively understand the advantages that digital channels and better, broader access to data provide,” Carden wrote in his note to investors that was quoted by the publication.