FASHION Magazine
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They said/We said: Groupon saves the day for American Apparel. Who woulda thunk it?
Photography by Stephen Shugerman/Getty Images Well, it looks like the future of American Apparel is a little sunnier than previously predicted. After scandal and bankruptcy trailed the company for most of last year, they have recently reported $157.9 million in sales during the fourth quarter of 2011, a 9.7 per cent gain over the same period in 2010.