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American Apparel Fraying At The Edges

First Posted: 06/02/10 06:12 AM ET Updated: 05/25/11 05:00 PM ET

American Apparel

latimes.com:

American Apparel Inc., the Los Angeles clothing maker and retailer known for its colorful fashions, racy advertising and outspoken chief executive, is fraying at the edges.

The company's fourth-quarter profit plunged 21% to $3.05 million, and its stock closed Thursday at $3.16 -- less than half its high of $6.97 late last April. By comparison, rivals such as H&M, Gap and Urban Outfitters in the young-adult sector are performing well.

Read the whole story: latimes.com

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Filed by Billy Silverman  |