American Apparel Inc. Announces Comparable Sales for Quarter Ended September 2013
"Whereas the new distribution center was supposed to be (and will become in the medium and longer term) a state of the art, best-in-class facility carrying the promise of reduced costs and faster order fulfillment, it has so far been an example of how technology--at least from a short term perspective--can sometimes work against the success of an organization. The good news is we are on track to get our distribution center in a place where it will help us build a stronger, leaner, larger and more profitable American Apparel over the next five to ten years. Despite our difficulties, I am proud that we were able to demonstrate healthy increases in sales in two out of our three sales channels, a testament to the fact that the American Apparel brand remains extremely strong and continues to resonate with consumers and wholesale buyers of clothing worldwide.
- Companies:
- American Apparel