These are the stories making headlines in fashion this Wednesday.American Apparel gets approval for bankruptcy loans.U.S. Bankruptcy Judge Brendan Shannon approved a loan of $90 million for American Apparel to reorganize its finances on Tuesday. Just the day before, the ailing retailer filed for... Continue reading
Three longstanding names in North American heritage apparel and accessories — Portland’s Pendleton, Chicago’s Horween and Toronto’s ROOTS — serve up a range of collaborative items for Fall 2015. Esteemed brands in their own… The post A Collaboration of 3 Names in North American Heritage – Pendleton, Horween & ROOTS appeared first on Selectism.
The retailer declared bankruptcy on Monday. The post In Memoriam: American Apparel, 1998 – 2015 appeared first on ThinkProgress.
At first glance, American Apparel and RadioShack don’t seem to have much in common: one uses provocative advertisements to sell leggings, T-shirts and other clothing items, while the other focuses more on the sale of wireless and electronic products. Show More Summary
Doubts are building about whether American Apparel can stay in the U.S. — and in Los Angeles. Even after the company filed for Chapter 11 bankruptcy protection Monday, American Apparel Chief Executive Paula Schneider said management had no plans to move manufacturing operations from Los Angeles...
In the heart of Shoreditch, London’s start-up mecca and home to a small but cutting edge boutique shopping district, there is a small, but perfectly formed American Apparel store. You won’t find any branded clothing in the store, but what you will find is a range of unpretentious, nicely made, comfortable [...]
By Tracy Rucinski CHICAGO (Reuters) - American Apparel Inc plans to revamp its struggling fashion business under a restructuring plan that would give ownership to the Standard General hedge fund, which rescued RadioShack earlier this year, lawyers said at a hearing on Tuesday. Show More Summary
Following a string of controversies including former CEO Dov Charney’s alleged sexual harassment of employees and the public’s negative reaction to ads that sexualized young women, clothing giant American Apparel has filed for bankruptcy but will continue to operate their stores and attempt to reduce their $135 million debt. What do you think?
Job Suggestions For Dov Charney Now T... American Apparel has declared bankruptcy and founder and former CEO Dov Charney is losing his $8.2 million stake in company in the deal. We have a detailed list of all the jobs for which Dov Charney...Show More Summary
It’s a sad time for American Apparel as they begin to file for bankruptcy due to a massive drop in sales and an abundance of reoccurring debt. The basics brand known for its huge teenage following has been finding it hard … The post American Apparel Officially Files For Bankruptcy appeared first on Highsnobiety.
With every turn in the saga that is American Apparel, experts wonder when the Los Angeles company will give up manufacturing in the U.S. and move offshore. Even after filing for Chapter 11 bankruptcy protection on Monday, Chief Executive Paula Schneider said offshoring is not an option. The restructuring...
American Apparel filed for Chapter 11 bankruptcy protection this morning. The once-hip retailer popularized metallic spandex leggings and made-in-LA t-shirts in the early 2000s but has struggled with waning sales and tumbling stock prices. The company warned investors in August that it might not have the funds needed to meet......
Good morning. It is Tuesday, Oct. 6. It's Fleet Week in San Francisco. Here's what else is happening in the Golden State: Subscribe to the newsletter TOP STORIES Right to die California became the fifth state to allow doctors to prescribe life-ending drugs to terminally ill patients. "In the end,...
I'm Davan Maharaj, editor of the Los Angeles Times. Gov. Brown signs an "end of life" bill into law; and American Apparel faces more tough times. Here are some story lines I don't want you to miss today. Subscribe to the newsletter TOP STORIES End-of-Life Decision "In the end, I was left to reflect...
Young consumers aren’t buying what American Apparel is selling—but filing for bankruptcy isn’t necessarily the end for the store.
Nearly a year after firing embattled CEO Dov Charney, American Apparel on Monday filed for Chapter 11 bankruptcy protection. The filing followed a deal with most secured creditors that will reduce the clothing company's debt from $300 million to no more than $135 million, which will lower interest expenses by $20 million a year. Show More Summary
Los Angeles-based clothing manufacturer American Apparel filed for bankruptcy protection on Monday morning. Continue reading ? The post American Apparel files for bankruptcy appeared first on PBS NewsHour.
The hipster retailer filed for bankruptcy protection after losing $19.8 million in the last quarter.
American Apparel's got good news and less good news for its ousted CEO.