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There's peanut butter and jelly, Bert and Ernie, Bonnie and Clyde and then there's Abercrombie & Fitch. The namesakes of one of the top rated luxury clothing brands for teens. While Abercrombie & Fitch has been around since the late 1800s, it wasn't until Limited Brands purchased the company in 1988 that it became the popular retail destination it is today. Now you can go to almost any mall in the world and find a dimly lit Abercrombie & Fitch, smelling of their signature perfume and stocked full of all the hottest styles for teens and young adults.