American Apparel Inc. Announces Net Sales for July 2013 Increased 5%

American Apparel announced preliminary sales for the month ended July 31, 2013. On a preliminary basis, total net sales for July 2013 were $57.6 million, an increase of 5 percent over July 2012. Comparable sales for July 2013 increased 8 percent, including a 6 percent increase in comparable store sales in the retail store channel and a 23 percent increase in net sales in the online channel. Wholesale net sales increased 2 percent for the month.

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Postal Service Reports $740 Million Loss for Third Quarter, Bringing Year-to-date Losses to $3.9 Billion

The U.S. Postal Service ended the third quarter of its 2013 fiscal year, April 1 to June 30, with a net loss of $740 million, increasing the year-to-date net loss to $3.9 billion. The Postal Service said it will not return to profitability and long-term financial stability without passage of comprehensive legislation to fix a business model that does not allow it to adapt to changes in the marketplace.

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Ash City Appoints New Dedicated Sales Representative, Brent Neal

Ash City announce the appointment of Brent Neal as dedicated sales representative for the Southern Alberta and South Eastern BC territory. Neal’s role will be responsible for building solid relationships with distributors, supporting and growing sales, and acting as the point of contact for customers in these areas.

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