Paula Schneider, the new C.E.O. of American Apparel, the largest apparel manufacturer in the United States, is in a difficult position. The company is carrying hundreds of millions of dollars in debt, and its stock price and sales are dropping. Show More Summary
A new report says Amazon will dethrone Macy's as America's top apparel retailer by 2017. Amazon is on track to become America's largest apparel retailer by 2017, according to a report by financial analysts at Cowen. The e-commerce giant is gearing up to usurp the title held by Macy's, Cowen reports: Read Full Story
American Apparel Inc. investors voted against a proposal at Thursday’s annual meeting that would have boosted the number of shares it can issue, possibly decreasing how much money the... To view the full story, click the title link.
The American Apparel & Footwear Association issued an open letter to the e-commerce company’s chairman complaining about a lack of progress in combating the sale of fake goods.
For the first delivery of the Fall 2015 Apparel Collection, HUF looks to traditional American heritage to produce a versatile collection of high quality apparel for all aspects of the The post HUF Fall 2015 Apparel Delivery One appeared first on Transworld Skateboarding.
C'mon, American Apparel!
With the entire U.S. apparel industry gradually adopting omni-channel retailing, even American Eagle Outfitters is closing underperforming stores to align its domestic store fleet with its omni-channel goals. It is simultaneously replacing...Show More Summary
The American retail industry has seen several changes in shopping malls in recent years as once-vaunted retailers Sears, Macy's, J.C. Penney Co. and others have closed stores. Teen apparel giants Abercrombie & Fitch, Gap and Aeropostale have also shuttered stores as consumers turn to lower-priced threads without big brand names attached to them. Show More Summary
Greece; Hedge Funds; American Apparel v Charney; "Hundreds of sex toys dangling from power lines in Portland, Oregon"; and more.
Americans are spending less on clothing, and that's scary news for retailers like Macy's, Kohl's, and JCPenney. Apparel spending declined 1.5% in June, while department store sales have fallen from a year ago. Sales would have likely...Show More Summary
This week, Hollywood was out and about in some trendy outfits that we can actually afford. Bella Thorne wore an adorable matching skirt and crop top from American Apparel, Taylor Swift rocked a bikini from ASOS that rings in at $40 and um, Blake Lively wore Tevas. Show More Summary
About 100 American Apparel workers rallied at the clothing maker's downtown Los Angeles headquarters to protest layoffs and store closings.
American Apparel is still reeling from the fallout caused by founder Dov Charney's ouster from the company. Yesterday, the Los Angeles-based retailer announced an ambitious strategy to save the brand, whose stock price has dropped significantly...Show More Summary
The clothing company announced another round of layoffs on Monday.
Urban Outfitters is among the very few apparel retailers in the U.S., who are still expanding their store base in the country. Others such as Gap Inc and American Eagle Outfitters are in the process of consolidating their respective networks. Show More Summary
The company plans to "add new stores in areas of strong growth, while retreating from "over-saturated markets," it said Monday.
The latest in American Apparel’s retail struggle is that the company is shutting down several of its U.S. stores and laying people off as part of “cost-cutting measures.” Read more...
American Apparel announced cost-cutting measures aimed at saving $30 million, including the closure of unprofitable stores and a scaling back of its workforce.
NEW YORK -- American Apparel said Monday it plans to lay off workers and shutter stores with weak sales. The Los Angeles-based company hopes to slash $30 million in operating expenses over the next 18 months. A spokeswoman declined to comment on the number of stores that will close and the number of employees who will receive pink slips. Show More Summary
Without raising more funding, that is. Continue reading