SIA SNOW SHOW: New "Industry + Intelligence" seminar on January 28.
FSG LAWYERS: Represented Brixton in recent transaction with Altamont Capital.
Details on Industry Insight.
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.