Stitches News

American Apparel Posts Q3 Wholesale Revenue Decline

Nicole Rollender — Thu, 12 Nov 2009 23:05:16 GMT

American Apparel (asi/35297) has announced its wholesale business, which includes promotional products, declined nearly 15% to $40.2 million in the third quarter.

Hirsch International Acquired By CEO

Nicole Rollender — Thu, 12 Nov 2009 23:03:38 GMT

Hirsch International Corp., a supplier of apparel manufacturing and decoration equipment, announced that its president and CEO Paul Gallagher has completed his acquisition of the company.

Colin Powell To Join ASI Radio

Nicole Rollender — Thu, 12 Nov 2009 23:02:57 GMT

On Tuesday, November 17, former Secretary of State and Chairman of the Joint Chiefs of Staff General Colin Powell will be a guest on ASI Radio’s Tuesday Morning Show.

Broder Reports Q3 Revenue Decline

Nicole Rollender — Wed, 11 Nov 2009 14:30:52 GMT

Broder Bros. (asi/42090) announced that its sales dropped to $193 million in the third quarter, a 24% decline from the same period in 2008.

Health-Care Bill Passes House

Nicole Rollender — Wed, 11 Nov 2009 14:29:50 GMT

A sweeping universal health care bill narrowly passed in the U.S. House of Representatives this weekend, triggering what will likely be a contentious Senate debate amid increased lobbying from small business organizations.