American Apparel Files for Bankruptcy Again, Agrees to Sell Brand - News Summed Up

American Apparel Files for Bankruptcy Again, Agrees to Sell Brand


American Apparel filed for chapter 11 bankruptcy protection Monday, having lined up $30 million in bankruptcy financing. The filing came less than a year after the beleaguered U.S. retailer emerged from a previous round of bankruptcy protection and weeks after a management shake-up. In addition, Canadian apparel maker Gildan Activewear...


Source: Wall Street Journal November 14, 2016 09:51 UTC



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