US – The US American textile specialist, American Apparel, which is based in Los Angeles, has presented its business report for the year 2013. In spite of a weak fourth quarter, the company managed to increase its turnover by 3% up to 634 mil. US Dollars (approx. 456 mil. Euros) compared to 2012. The turnover in the company’s own stores rose by 3%, whereas a 4% increase compared to the previous year was achieved in the wholesale sector, which also includes the promotional textiles segment.
American Apparel is forecasting a turnover of between 634 and 658 mil. US Dollars for 2014 (between 456 and 473 mil. Euros).