American Apparel Inc. announced preliminary comparable sales for the month ended January 31, 2013, and reported that wholesale net sales increased 14 percent for the month of January and total net sales increased 11 percent to $46.4 million. Comparable store sales increased 10 percent, including a 7 percent increase in comparable store sales for its retail store channel and a 24 percent increase in net sales for its online channel.
American Apparel Inc. a vertically integrated manufacturer, distributor and retailer of branded fashion basic apparel, announced preliminary comparable sales for the month ended December 31, 2012, and reported that comparable store sales increased 14%, including a 9% increase in comparable store sales for its retail store channel and a 59% increase in net sales for its online channel. Wholesale net sales increased 12% for the month of December and total net sales increased 14% to $63.5 million.
American Apparel, whose business was built on affordable basics produced right here in the US of A, has outgrown its iconic warehouse space in Downtown LA. And instead of annexing more space nearby, AA made the executive decision to invest in the future in a big way by leasing a nearly 225,000-square-foot, one-floor warehouse in La Mirada.
The vertically-integrated manufacturer is in the process of testing the equipment at its shiny, vast new space and plans to begin trucking in inventory this January. According to the company, the warehouse was needed for a few reasons. Space was one, speed another.
At the LA1 art show, Redbubble Pty. Ltd., a global online marketplace that facilitates the sale of authentic, amazing design on everyday products and canvasses, and American Apparel Inc., the vertically integrated clothing manufacturer based in downtown Los Angeles, today celebrated local design and talked a bit about their long-term, five year partnership. Over 25 Redbubble Los Angeles artists and designers showed their authentic artwork at the American Apparel wholesale showroom, many for the first time. In addition, Redbubble announced the winner of its "Los Angeles in the 80's" t-shirt design contest.
American Apparel Inc. announced preliminary comparable sales for the period November 1, 2012 through November 26, 2012 for retail and wholesale apparel sales.
American Apparel Inc. released financial results for its third quarter ended Sept. 30, 2012. Chairman and CEO Dov Charney weighed in on the company’s encouraging performance.
He looks forward to the future as American Apparel improves store productivity and makes aggressive moves to grow its online and wholesale businesses.
Though Hurricane Sandy slowed retail sales for American Apparel, the wholesale side increased 17 percent.
American Apparel Inc. announced preliminary sales for the month ended September 30, 2012 and reported that total net sales on a preliminary basis increased 10 percent to $51.1 million when compared to the month ended September 30, 2011.
TSC Apparel is pleased to pronounce its New York Premiere Event held at the Manhattan Penthouse on Fifth Avenue last week was a great success.