American Apparel

American Apparel CEO: This Is How I Would Have Run JCPenney
April 18, 2013

American Apparel CEO Dov Charney was in New York recently and we got a chance to speak to him. We wanted to know what he would do to fix JCPenney.

There are similarities between JCP's situation and AA's. Like JCP now, AA's sales a couple of years ago were in a downward spiral. Like JCP, the company was losing cash and needed a ton of new financing to avoid bankruptcy.

Charney, of course, engineered a turnaround at American Apparel and the company is now profitable and growing topline sales. Notably, he did so without changing or rebranding the company.

American Apparel Inc. Announces Comparable Sales for March 2013 Increased 8%
April 17, 2013

American Apparel Inc. reported that comparable sales increased 8 percent, including a 5 percent increase in comparable store sales for its retail store channel and a 26 percent increase in net sales for its online channel. Wholesale net sales decreased 7 percent for the month of March primarily due to one less shipping day in March 2013 than in March 2012.

Standpoint Research Upgrades American Apparel (APP) to Buy
March 22, 2013

Standpoint Research upgraded American Apparel (NYSE: APP) from Hold to Buy with a price target of $3.50.

Analyst Ronnie Moas comments: "On March 7 I downgraded APP @ $1.88 and locked in a 73% gain on a position we were in for just over six months ... I was concerned we would get a reversal as we did in October when the shares broke down following a similar run. During the last two weeks we did not get that correction and I see this as a bullish sign.

American Apparel Awarded $28 Million Army Coat Contract
March 20, 2013

In fall 2012, an Alaskan Native Corporation outbid American Apparel for the Army combat coat (ACU) contract. It meant the loss of jobs and revenue for the USA-based brand. Last week, American Apparel landed a subcontract to create army coats for the next few years. The contract diminishes the amount of coats American Apparel makes every year (50 percent this year, 33 percent next year), but for now, it is keeping the Selma, Ala. factory that is producing the coats afloat and busy.

American Apparel CTO To Deliver Closing Keynote at Tech Conference West
March 12, 2013

Stacey Shulman, chief technology officer for American Apparel, will deliver the closing keynote address, "Building an IT Innovation Team," at the upcoming Apparel Tech Conference West, to be held Tuesday, March 19, 2013 at LA Trade Tech College. The conference is produced by Apparel Magazine, and complimentary registration is available to qualified apparel retailers, brands and manufacturers at

Shulman is responsible for technology, web and asset protection for American Apparel globally. She has more than two decades of experience in retail-focused technology and is a specialist in international growth and localization.

American Apparel Retailers Make Positive Start in 2013
February 20, 2013

2013 apparel sales are looking good in the United States. Retail chains are reporting their January and beginning of February sales are better than expected. Columbia Sportswear, American Apparel, Gap and other retailers also reported strong sales toward the end of 2012, marking an upswing in retail sales overall. The unexpected surplus in sales has encouraged many apparel retail chains to reevaluate their revenue outlook for the next few months and beyond.

The Tao of Tees
February 15, 2013

Apparel is the promotional product industry's top-selling category, and T-shirts are a big reason why, but that doesn't mean they're an easy sell. Fortunately, we've got nine tips to give you a leg up on the competition.