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American Apparel also reported that the company's revenue from in-store sales rose 3 percent in June. American Apparel's sales for the second quarter remained steady with the same quarter in 2010, with total sales reported at $132 million.
Earlier this week, the company announced two new members to its board of directors. The series of announcements saw the company's stock price rise 17 percent on Thursday. As of 2 p.m. Friday, the company's stock price was $1.05 per share.
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- Companies:
- American Apparel
- Places:
- Los Angeles
E
Kyle A. Richardson
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Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.
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