Moves to streamline its inventories and switch towards higher-margin retail sales have helped lift T-shirt and casual clothing firm American Apparel Inc to an 82.6 per cent hike in third quarter profit.The Los Angeles based firm, which makes and retails branded fashion basics, said its net income rose to 4.2 million dollars or 0.05 dollars per share, up from 2.3 million dollars a year ago.Last year's figures were depressed by stock compensation payments, the company said."While we are pleased that we were able to deliver a profit in the third quarter...
