http://thefashpack.onsugar.com en-us Copyright 1976-2013 Sugar Inc. All rights reserved. http://thefashpack.onsugar.com/Who-Cares-About-Retail-Slump-When-You-Have-Company-Jet-8109342 <a href="http://thefashpack.onsugar.com/Who-Cares-About-Retail-Slump-When-You-Have-Company-Jet-8109342"><img width="160" height="105" src="http://media3.onsugar.com/files/2010/04/15/4/286/2862078/image_2.large.jpg" /></a><p></p> <p>It looks like <a target="_blank" href="http://thefashpack.onsugar.com/search/Abercrombie"><strong>Abercrombie </strong></a>are not worried about their dramatic dip in retail sales recently and the effects of the current economy. According to reports, the company's CEO Mike Jeffries cost them $1.1 million on personal travel in one year alone through his use of the company's private plane. The figure represents his expenditure for 2008 and his 2009 expenses are yet to be revealed. But things are all about to change. The company are restricting his use of the jet to a sum of $200,000 but just to soften the blow, they have agreed to pay him a lump sum of $4 million.</p> http://thefashpack.onsugar.com/Who-Cares-About-Retail-Slump-When-You-Have-Company-Jet-8109342#comment ceo Abercrombie Daily News priivate jet Mike Jeffries Fri, 16 Apr 2010 12:00:00 BST Naomi Mdudu http://thefashpack.onsugar.com/Who-Cares-About-Retail-Slump-When-You-Have-Company-Jet-8109342