By  on May 12, 2014

American Apparel Inc. sharply reduced its first-quarter loss as reductions in operating expenses more than compensated for a small decline in revenues.

The Los Angeles-based vertical retailer recorded a net loss of $5.5 million, or 5 cents a diluted share, versus losses of $46.5 million, or 42 cents, in the year-ago quarter.

To continue reading this article...

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus