American Apparel Inc. Announces Comparable Sales for November 2013 Increased 1%
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Los Angeles-based American Apparel Inc., a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, announced preliminary sales for the month of November 2013. On a preliminary basis, total net sales were $49.2 million, a decrease of 1 percent over the prior year. Comparable sales increased 1 percent, including a 1 percent increase in comparable store sales in the retail store channel and a 4 percent increase in net sales in the online channel. Wholesale net sales decreased 4 percent for the month.
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