American Apparel Inc
Apparel and textile industry company news
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US: American Apparel Q3 profit soars despite lower sales
Moves to streamline its inventories and switch towards higher-margin retail sales have helped lift T-shirt and casual clothing firm American Apparel Inc to an 82.6% hike in third quarter profit.
US: American Apparel mulls FY loss as Q2 profit falls 34%
Second quarter profit at teen clothing firm American Apparel Inc has fallen by 33.8% after new stores helped boost sales but weighed heavily on costs.
US: Retailers' May 2009 sales roundup
The following is a general roundup of US apparel and shoe chains' May 2009 sales results. The list will be updated as new results become available.
US: American Apparel swings to Q1 loss
Clothing retailer American Apparel Inc has plunged to a first quarter loss after being hit by cash-flow problems and the strength of the US dollar, and lowered its outlook for the year ahead.
US: Retailers' April 2009 sales roundup
The following is a general roundup of US apparel and shoe chains' April 2009 sales results. The list will be updated as new results become available.
US: American Apparel plans new stores as Q4 profit leaps 30%
Fashion retailer American Apparel Inc today (17 March) posted a 30% jump in fourth quarter profit, helped by higher sales and margins following its aggressive expansion into new markets, and says it plans to open up to 30 new stores in the year ahead.
US: American Apparel sells 18% stake for $80m
US fashion retailer American Apparel Inc has sold an 18% stake in its business to British private equity firm Lion Capital for $80m, which it will use to pay off some of its debt.
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US: Retailers' February 2009 sales roundup
The following is a general roundup of US apparel and shoe chains' February 2009 sales results. The list will be updated as new results become available.
US: American Apparel appoints general counsel
American Apparel has announced that Glenn A. Weinman will join the company as senior vice president, general counsel and secretary, reporting to American Apparel CEO Dov Charney.
US: American Apparel names Kowalewski as CFO
Fashion retailer American Apparel said Adrian Kowalewski has been appointed as its executive vice president and chief financial officer, effective immediately.
US: American Apparel extends credit deadlines
US fashion retailer American Apparel has extended the maturity of two of its credit facilities by three months, the company reports.
US: Stock compensation hits American Apparel Q3 profit
Soaring third quarter sales at American Apparel were undermined by a one-off stock compensation payment, driving profit down 61% to US$2.3m.
US: American Apparel to pilot Xterprise retail solutions
American Apparel Inc is to trial a new retail solution to help manage out-of-stock issues and item level security in its stores.
US: American Apparel ups expansion as Q2 profit soars
American Apparel is to speed up its retail expansion programme after posting a 42% increase in second quarter profits.
US: Retailers' July 2008 sales roundup
The following is a general roundup of US apparel and shoe chains' July 2008 sales results. The list will be updated as new results become available.
US: Retailers' May 2008 sales roundup
The following is a general roundup of apparel and shoe chains' May 2008 sales results. The list will be updated as new results become available.
US: American Apparel CFO quits after CEO jibe is reported
American Apparel CFO Ken Cieply has quit his post - a short time after public criticism from the company's boss appeared in national press.
US: American Apparel investment hits Q1 income
Significant investments in retail expansion led to a fall in first quarter profits at American Apparel, despite a 51.9% surge in sales.
US: American Apparel buys fabric facility
American Apparel has spent US$3.8m on the purchase of a fabric dyeing and finishing facility in Garden Grove, California.
US: American Apparel in drive for Cleaner Cotton
In an effort to expand its sustainable practices, T-shirt and casualwear brand American Apparel Inc has just purchased 30,000 pounds of Cleaner Cotton(TM) from California’s Central Valley.
US: American Apparel rolls out item-level RFID
T-shirt and casual clothing brand American Apparel has become one of the first retailers to roll out item-level radio frequency identification (RFID), with a new solution set to improve inventory accuracy at its stores.
US: Woody Allen suing over American Apparel ad?
Woody Allen has reportedly filed a lawsuit against American Apparel, saying the clothing firm used adverts featuring him without his knowledge.
US: American Apparel swings to $6.2m Q4 profit
American Apparel, the US producer of T-shirts and other cotton basics, has swung to a fourth quarter profit, helped by a $6.2m tax benefit.
US: American Apparel details $39m employee stock grant
American Apparel has announced further details regarding the 2.71m common shares to be issued to its employees under its 2007 Performance Equity Plan approved by shareholders on 12 December last year.
US: American Apparel merger approved
Endeavor Acquisition approved its merger deal with American Apparel at a special stockholders meeting yesterday (13 December).
US: Endeavor to vote on American Apparel buy
Investment vehicle Endeavor Acquisition is today (12 December) holding a special shareholder meeting to vote on the proposed acquisition of LA-based American Apparel.
US: Global partners plan anti-counterfeiting trade pact
The US is teaming up with Canada, the European Union, Japan, Korea, Mexico, New Zealand and Switzerland to launch a major new initiative in the international fight against counterfeiting and piracy.
US: Bill proposes apparel import benefits for poorest countries
New legislation that would give duty-free access to the US for imports of apparel and footwear from most least developed countries (LDCs) and African Growth and Opportunity Act (AGOA) countries has been slammed by US textile groups.
US: American Apparel swings to $1.5m Q1 profit
American Apparel Inc, the US producer of T-shirts and other cotton basics, has swung to a first quarter profit helped by strong retail sales in both the US and overseas.
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