American Apparel Reports 14 Percent Increase in Wholesale, Record Company Sales in January

American Apparel Inc. announced preliminary comparable sales for the month ended January 31, 2013, and reported that wholesale net sales increased 14 percent for the month of January and total net sales increased 11 percent to $46.4 million. Comparable store sales increased 10 percent, including a 7 percent increase in comparable store sales for its retail store channel and a 24 percent increase in net sales for its online channel.

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Danny Kane Joins Proforma as Chief Business Development Officer

Danny Kane has joined Proforma as the chief business development officer. In this position, Kane will serve as a member of the Proforma executive team, overseeing Proforma’s North American Major Account team and assisting Proforma owners selling between $400,000 annually up to $1 million annually to identify key strategies to help them advance to Million Dollar Club and beyond.

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