American Apparel's Sales Take A Plunge

After two quarters of flat sales growth, American Apparel took a small nosedive in the third quarter of 2014, which wrapped up on September 30. In those three months, net sales dropped 5 percent, coming in at $155.9 million as compared to $164.5 million at the same time last year. Total net loss for the quarter was $19.2 million, compared with a net loss of $1.5 million loss the same quarter last year. Read More »