Fashion apparel retailer American Apparel, Inc. (APP) Wednesday reported preliminary first-quarter results, wherein total net sales increased an estimated 14 percent to $132.7 million.
Comparable store sales for the quarter increased an estimated 15 percent and wholesale net sales increased an estimated 17 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.