logo
Share SHARE
FONT-SIZE Plus   Neg

American Apparel Reports 13 Percent Rise In February Net Sales - Quick Facts

Retailer of branded fashion basic apparel, American Apparel Inc (APP) Monday reported a 13 percent increase in total net sales for February 2012 at $42.1 million compared to the same month last year.

The company stated that comparable store sales for the month increased 10 percent and wholesale net sales increased by 24 percent over the same period last year.

Dov Charney, Chairman and CEO of the company commented :. "Our comparable store sales increase was driven by a combination of higher unit sales and an increase in average unit retail prices. Our imprintable wholesale sales continue to run at record levels across a broad base of customers and categories….."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
General Mills has announced another expansion to its flour recall in response to four new illnesses that were linked to a possible E. Coli outbreak. The latest recall covers several varieties of Signature Kitchens and Gold Medal flour produced through February 10. General Mill had first announced... Google maps will be more easy to use with its latest update. Traffic information will be more visible with its new cleaner look. Starbucks baristas are now free to express their personal style at work under a new dress code announced by the world's largest specialty coffee retailer. Instead of the familiar solid black, white and khaki clothing underneath their iconic green aprons, baristas can now come for work in a range of colors and outfits that reflect their own personal tastes.
comments powered by Disqus
Follow RTT