American Apparel Inc. Announces Comparable Store Sales Increased 12% Through November 26, 2012; Cyber Monday Volume Doubled over Last Year's Record Volume
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On November 20, 2012, American Apparel Inc., a vertically integrated manufacturer, distributor and retailer of branded fashion basic apparel, announced preliminary comparable sales for the period November 1, 2012 through November 26, 2012, and reported that comparable store sales increased 12 percent, including an 8 percent increase in comparable store sales for its retail store channel and a 39 percent increase in net sales for its online channel.
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