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Reuters is reporting that Goodman & Company, a Canadian investment firm and third-largest shareholder in American Apparel, raise its stake in the company nearly 10 percent following the news. Goodman & Company now controls 12.48 percent, or 13.61 million shares.
The company further announced that John Luttrell, chief financial officer for American Apparel, will be present at the 14th Annual ICR XChange Conference. Luttrell will be speaking on tomorrow at 2:00 p.m. ET at The Fontainebleau Hotel in Miami Beach. A live webcast of the audio from his presentation will be available on American Apparel's website under "Investor Relations."
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- Companies:
- American Apparel
- People:
- Dov Charney
- John Luttrell
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