Troubled clothing chain American Apparel Inc., losing money and faced with a cash crunch, says it may have to file 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...

The façade of the Observatory played canvas to giant digital projections of the guards and the British and American flags. Burberry's London in Los Angeles is the latest in a series of activities that have taken place in Los Angeles since the opening of the Rodeo Drive flagship. To delight...

Back in 2009, American Apparel featured an image of Allen on their billboards without permission, causing Allen to file a $10 million suit against the company. A.A. ended up settling, paying Allen a cool $5 million. Sorry, Dov... On October 5, 2015, American Apparel filed for...

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...

Angeles Clippers' new owner. With an offer worth $2 billion USD, Ballmer outbid investors Tony Ressler and Bruce Karsh, who submitted a $1.2 billion offer, and media mogul David Geffen, who with his partners at the Guggenheim Group, put up an offer of $1.6 billion. Retired as the CEO of...

American Apparel's ads frequently showed half-dressed young women in alluring positions. One of the company's New York stores even featured mannequins with pubic hair. Since his firing, American Apparel said it went too far in embracing "nudity and blatant sexual innuendo" under...

Los Angeles-based clothing retailer American Apparel Inc. said sales declined and it lost money in 2010, and it warned that several risk factors this year could force it to seek bankruptcy protection if business doesn't improve. The firm, currently embroiled in two sexual harassment lawsuits...

Los Angeles-based American Apparel filed for creditor protection in October. The company, known for its made-in-U.S.A. branding and racy advertising, posted losses every year since 2010. Its trouble was compounded by allegations of misconduct against the founder, which he denies. Since...

LOS ANGELES, United States — American Apparel Inc., 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...

As a result of its dwindling cash, the company said in a filing that it may have to raise more capital, restructure its debt or seek bankruptcy protection from creditors. The company declined to comment beyond the filing. The shares were little changed at 15 cents in late trading in New...

 

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