US Garment Retailer's Second-Quarter Sales Increase 12%

American Apparel, a US clothing retailer, said that in the second quarter of this year, the company’s comparable store sales increased by 14%. With continuous and continuous sales growth, the company plans to open 50 stores in the next three years.

In the second quarter of this year, American Apparel's total sales reached US$149 million, an increase of 12%, and wholesale and retail sales increased by 10%. "We are very pleased to see that all of the company's distribution channels and sales outlets have performed well and this result has exceeded our expectations. We hope this growth momentum will continue into the third quarter." CEO of American Apparel Dov Charney said.

According to statistics, the company's total sales in June reached 52.1 million US dollars, comparable store sales increased by about 19%, while the wholesale and retail sales increased by 8%. Dov Charney said that although the stronger US dollar has had a negative impact on cotton prices, the company still plans to open 50 stores in the next three years under the premise of good sales momentum.