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American Apparel Q2 losses widen and sales slide

2015-08-12 11:04:37| Daily apparel & textile news and comment - from just-style.com

American Apparel has reported widened losses in the second quarter and falling sales as it revealed further financial troubles.

Tags: sales american apparel slide

 

American Apparel Will Run Out Of Money In 12 Months And Lenders Are Sitting Idle

2015-08-12 10:29:30| Apparel - Topix.net

American Apparel is struggling to draw in buyers from its teen demographic and the company is warning investors that it could run out of money in the next 12 months and may be unable to raise additional capital. The company says it is in talks with lender Capital One Business Credit Corp to waive a non-compliance protocol, but there is no guarantee of a waiver.

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American Apparel says may not have enough funds for next 12 months

2015-08-12 01:53:22| Apparel - Topix.net

The company, which is being sued by founder and former CEO Dov Charney, said it could breach covenants related to a credit facility. American Apparel said it was in talks with the lender -Capital One Business Credit Corp - to waive the non-compliance, but said there could be no guarantee of a waiver.

Tags: next months american apparel

 

Bangladesh "roadmap" to boost apparel exports

2015-08-10 15:52:00| Daily apparel & textile news and comment - from just-style.com

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is to hold an event later this year aimed at preparing a roadmap to fetch US$50bn in apparel exports by 2021.

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US Commerce report to help apparel exporters

2015-08-07 16:21:00| Daily apparel & textile news and comment - from just-style.com

The US Department of Commerce has published a textiles and apparel report projecting and ranking future export opportunities, trends and challenges, to help domestic companies make more informed decisions.

Tags: report apparel commerce exporters

 

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