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Embattled American Apparel Tries On Bankruptcy
2015-10-06 00:30:49| Electronics - Topix.net
Los Angeles-based clothing manufacturer, with stores in Irvine Spectrum, Huntington Beach and Costa Mesa, will file for Chapter 11. Trendy Los Angeles-based clothing manufacturer and retailer American Apparel, which fired its founder and CEO last year amid allegations of personal misconduct and misuse of company funds and which has been facing serious financial challenges, says it is filing for Chapter 11 bankruptcy protection today after striking a deal with 95 percent of its secured lenders. "This reorganization will enable the company to implement a comprehensive transformation strategy to revitalize the business and brand, while keeping its production and operations in the U.S.," the company said in a statement.
Tags: american
apparel
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embattled
Embattled American Apparel Tries On Bankruptcy
2015-10-05 23:34:03| Semiconductors - Topix.net
Los Angeles-based clothing manufacturer, with stores in Irvine Spectrum, Huntington Beach and Costa Mesa, will file for Chapter 11. Trendy Los Angeles-based clothing manufacturer and retailer American Apparel, which fired its founder and CEO last year amid allegations of personal misconduct and misuse of company funds and which has been facing serious financial challenges, says it is filing for Chapter 11 bankruptcy protection today after striking a deal with 95 percent of its secured lenders. "This reorganization will enable the company to implement a comprehensive transformation strategy to revitalize the business and brand, while keeping its production and operations in the U.S.," the company said in a statement.
Tags: american
apparel
bankruptcy
embattled
American Apparel bankruptcy: Is there still a market for US-made clothing?
2015-10-05 23:33:09| Apparel - Topix.net
American Apparel's Monday announcement highlights how US-made clothing is struggling to compete with fast-fashion retailers taking over the market with cheap, trendy apparel manufactured overseas. Passers-by walk in front of the American Apparel store in the Shadyside neighborhood of Pittsburgh on July 9, 2014.
Tags: american
market
clothing
apparel
Stock futures climbing; American Apparel files for bankruptcy; Dorsey named permanent Twitter CEO: A.M. Business News Links
2015-10-05 15:53:39| Apparel - Topix.net
In this Wednesday, July 9, 2014, file photo, passers-by walk in front of the American Apparel store in the Shadyside neighborhood of Pittsburgh. American Apparel said Monday, Oct. 5, 2015, it is filing for Chapter 11 bankruptcy protection.
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American Apparel files for bankruptcy protection
2015-10-05 14:50:33| Apparel - Topix.net
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