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Tiffany Montgomery
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American Apparel sees improving sales trends

By Tiffany Montgomery
December 05, 2011 5:55 AM

 

American Apparel updated investors on its fourth quarter performance Sunday night before speaking at a conference this week.

 

The company said it continues to see improvement in retail sales in the fourth quarter.

 

Quarter to date through November, same store sales rose 6%, with a 5% increase in store comps and a 16% increase in online comps.

 

Wholesale revenues quarter to date are flat.

 

Net sales are up 7%.

 

American Apparel’s sales trends improved from October to November. Comps rose 4% in October and 10% in November.

 

The company operates 249 stores in 20 countries.

 

 

 

 

 


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