By  on June 28, 2012

LOS ANGELES — Dov Charney, chairman and chief executive officer of American Apparel Inc., said his company is on track to generate record sales this year and is sticking to his domestic manufacturing model.

Charney, who spoke to WWD following the company’s annual meeting here Thursday, has projected the retailer could post revenues of about $600 million this year, an increase of roughly 7 percent from its last revenue peak of $558.77 million in 2009. He confirmed the firm would meet its guidance for adjusted earnings before interest, taxes, depreciation and amortization this year of $32 million to $40 million, up from $14.5 million last year.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus