American Apparel Inc. Announces Comparable Sales for June 2013 Increased 7%
Los Angeles-based American Apparel Inc., a vertically integrated manufacturer, distributor and retailer of branded fashion basic apparel, announced preliminary sales for the month ended June 30, 2013. On a preliminary basis, total net sales for June 2013 were $55.9 million, an increase of 7 percent over June 2012. Comparable sales for June 2013 increased 7 percent, including a 5 percent increase in comparable store sales in the retail store channel and a 22 percent increase in net sales in the online channel. Wholesale net sales increased 16 percent for the month. For the quarter ended June 30, 2013, total net sales increased 9 percent to $162.2 million, with a 7 percent increase in comparable sales and a 16 percent increase in wholesale net sales.
- Companies:
- American Apparel