American Apparel sales increased 13 percent in May

REPORT_ American Apparel has announced that its

preliminary sales for the month ended May 31, 2013 were 55.6 million dollars, an increase of 13 percent over the prior year period. Comparable sales increased 10 percent, which included a 7 percent increase in comparable store sales in the retail store channel and a 37 percent increase in net sales in the online channel. Wholesale net sales increased 22 percent for the month of May on a year-over-year basis.

“May represents our 24th consecutive month of positive comparable store sales growth,” said Dov Charney, Chairman and Chief Executive of American Apparel, adding, “We were pleased with the 37 percent increase in our online sales this month and our wholesale channel reported the highest sales month in its history. Recent strong trends in the imprintable wholesale business lead us to anticipate a double digit growth rate in that channel again in June. Additionally, we are very pleased with the 7 percent comparable sales growth in our retail channel, particularly given the 16 percent increase we achieved last May.”

American Apparel is manufacturer, distributor, and retailer of branded fashion basic apparel based in downtown Los Angeles, California. As of May 31, 2013, it operated 247 retail stores in 20 countries, including the United States, Canada, Mexico, Brazil, United Kingdom, Ireland, Austria, Belgium, France, Germany, Italy, the Netherlands, Spain, Sweden, Switzerland, Australia, Japan, South Korea, and China.