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American Apparel Shorts Triple as Sales Growth Stalls

NEW YORK, United States — Shorting American Apparel Inc. is back in style. After a period of steady sales growth and a rising stock price, the maker and seller of clothes worn by hipsters worldwide has hit turbulence. The retailer has posted three straight quarterly losses, and preliminary results it released show revenue fell in the most recent quarter.
American Apparel | Source: American Apparel
By
  • Bloomberg

NEW YORK, United States —

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