Abercrombie & Fitch has agreed to pay $50 million to settle a lawsuit that accused the clothing-store chain of promoting whites over minorities and cultivating a virtually all-white image in its catalogs and elsewhere...Abercrombie & Fitch chairman and chief executive Mike Jeffries said: "We have, and always have had, no tolerance for discrimination. We decided to settle this suit because we felt that a long, drawn-out dispute would have been harmful to the company and distracting to management."