American Apparel is on the brink of seeking bankruptcy protection. The troubled retailer, which in 2010 lost a colossal $86m, has warned it may seek bankruptcy protection if it cannot improve its failing performance or find new investment. American Apparel's founder Dov Charney issued the...

for Chapter 11 bankruptcy protection before the end of April. The Los Angeles company warned in a filing with the Securities and Exchange Commission Thursday that it "may need to voluntarily seek protection under Chapter 11 of the U.S. Bankruptcy Code" if it can't improve its sales or cash...

LOS ANGELES, United States — American Apparel bought itself time and relief when it filed for bankruptcy protection on Monday, but there's still a long way to go if the struggling retailer is to pull itself out of a sales rut and win back shoppers. In July, Chief Executive Paula Schneider...

The Los Angeles-based retailer said last week it may not be able to continue its operations as a going concern for the next 12 months, even after lenders increased its credit line. A group of lenders, including American Apparel's largest shareholder Standard General, boosted the credit line...

the Los Angeles-based seller of t-shirts and underwear, filed for bankruptcy protection as it reorganises its debt. The company filed to restructure under Chapter 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the District of Delaware, the company said in a statement via PR...

The bankruptcy is In re American Apparel Inc., 15-12055, U.S. Bankruptcy Court, District of Delaware (Wilmington). By Steven Church; editors: Andrew Dunn, Peter Jeffrey.

Photo: American Apparel tumblr Looks like American Apparel may be designing the uniforms for some proud red, white, and blue-wearing Olympians...who aren't American. In a conversation about clothing manufacturing and national pride that has come to a head today because of the Ralph Lauren...

American Apparel may be (temporarily) in the clear after a group of Canadian investors bought $15.2 million worth of company shares last month, but it's still deep in debt and recovering from losing a whopping $86.3 million in 2010 alone. Given that the future of his company is bleak at...

's beleaguered American Apparel may just have gotten lucky once again. A little more than a year ago, the company received $15 million from a Canadian frozen yogurt king, and now it may get $80 million from billionaire George Soros. The reports that Soros is backing Crystal Financial, which...

Under a deal American Apparel developed before filing bankruptcy, the company would cut debt by giving itself to creditors owed about $200 million, according to court documents. The plan was supported by 95 percent of secured lenders, who will be fully repaid under the proposal. Moelis &...

 

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