American Apparel Inc. Provides Business Update

American Apparel Inc., Los Angeles, provided an update this week related to fourth quarter sales and other business initiatives in anticipation of its presentation at yesterday's Wedbush Securities' 12th Annual California Dreamin' Consumer Management Access Conference.

The company reported that it continues to see improvements in monthly retail sales performance thus far in the fourth quarter. Comparable store sales increased 10 percent in November from a 7 percent increase in retail stores and a 32 percent increase in online sales. For October, comparable store sales increased 4 percent including a 3 percent increase from retail stores and a 6 percent increase from online sales.