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Stock Market & Financial Investment News

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January 3, 2013
05:19 EDTAPPAmerican Apparel reports Dec. 2012 comparable store sales up 14% to $63.5M
American 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 $63.5M. For the year ended December 31, 2012, total net sales increased 13% to $616.7M, with a 15% increase in comparable store sales, and a 12% increase in wholesale net sales.
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April 16, 2015
11:52 EDTAPPAmerican Apparel factory workers file new complaints to Labor Board, WWD reports
American Apparel factory workers may be close to formally organizing after four new grievances filed with the National Labor Relations Board, reports WWD. The complaints all cite varying violations of the National Labor Relations Act, alleging that American Apparel interfered with workers' rights to talk with union organizers. Reference Link

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