This has been going on since 09, it's only current year sales measures and forecast that is determining the impact to their business through the first 3 quarters of this year. For a complete year over year comparison, the business growth has declined significantly since the immigration raid on the LA factory.
Read the 10/15/09 post on AA's news site, which contains links to the article where 1,500 factory workers had to be dismissed.
www.americanapparel.net/contact/legalizela/
If you've been paying attention to the industry, it was inevitable especially with the amount of region retail business it has taken on. This should be a clear case for small business owners who aspire to build empires that expand beyond the control of financial understanding and responsible risk management decisions.
We print on AA, we love their cotton just like the next, but like all good things we have to use good judgment and foresight in any business decision. We hope AA sticks around as well.
