American Apparel, Inc., a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, announced preliminary sales for the month ended July 31, 2013.
On a preliminary basis, total net sales for July 2013 were $57.6 million, an increase of 5% over June 2012. Comparable sales for June 2013 increased 8%, including a 6% increase in comparable store sales in the retail store channel and a 23% increase in net sales in the online channel. Wholesale net sales increased 2% for the month.
"July represents our 26th consecutive month of positive comparable store sales growth," said Dov Charney, Chairman and Chief Executive of American Apparel, Inc. "The 8% comparable store sales increase in July is particularly noteworthy given that it was on top of a 19% increase in July last year, which demonstrates continued gains in our store productivity.
"As we enter August, we anticipate continued strength in our sales channels and we are looking forward to back-to-school, Halloween and holiday selling season."
About American Apparel
American Apparel is a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel based in downtown Los Angeles, California. As of July 31, 2013, American Apparel had approximately 10,000 employees and operated 245 retail stores in 20 countries, including the United States, Canada, Mexico, Brazil, United Kingdom, Ireland, Austria, Belgium, France, Germany, Italy, Netherlands, Spain, Sweden, Switzerland, Australia, Japan, South Korea, and China.