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Inner City 100
In 1999, ICIC and Inc. Magazine began publishing the Inner City 100 (IC 100), a list of the 100 fastest-growing companies located in low-income urban neighborhoods. Each year, the number of applicants and the quality of the winners have become more impressive, convincing even hardened skeptics of the business advantages of inner-city locations.Inc. Magazine
April 23, 2003
American Apparel was honored in the May issue of Inc. Magazine as a winner in the Inner City Top 100 list, a compilation of urban businesses chosen for their economic success in a time when most companies location — are struggling. We're proud of our downtown L.A. location and this recognition of our achievements.
2003 Winners Summary
Los Angeles, CA
Ever heard of free massages in a workplace benefits package? Well Dov Charney, CEO of American Apparel, a LA-based manufacturer of "sweatshop-free" clothing thinks it's natural remuneration for hard-working sewing hands. The idea of giving employees what they need to do the job well — and enjoy it — is Charney's no-sweat solution to retaining a good workforce. Charney's adds a political vision to his business plan by speaking out about labor rights and making impactful documentaries. He also makes T-shirts like Starbucks makes coffee. The New Yorker, Financial Times, Time and PBS have all taken notice of the American-branded T-shirt maker with a "big-mouth and an even bigger heart."
Major Business Description:
2001 Revenues: $21,000,000
Five-year growth: 200
Full-time/Part-time employees: 750/0
[As of April 2004, American Apparel has 1,500 employees]
Made in Downtown LA—Vertically Integrated Manufacturing