By and  on June 19, 2014

Shares of American Apparel Inc. outperformed among fashion stocks today, rising 6.7 percent after the ouster of founder and chief executive officer Dov Charney.

After three consecutive days of advances, the S&P 500 Retailing Industry Group closed out the day’s trading session with a drop of 0.7 percent to 887.96. The index failed to follow the leads of the Dow Jones Industrial Average and S&P 500, which were both up 0.1 percent, to 16,921.46 and 1,959.48, respectively.

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