American Apparel may have some new suitors. Amazon and Forever 21 have reportedly been toying with the idea of acquiring the vying for the troubled clothing retailer. In fall 2016, American Apparel, which has more than 115 stores in the U.S., filed for Chapter 11...
January 16, 2020
After two bankruptcies and a messy controversy regarding its founder, American Apparel is trying to make a comeback, according to CNBC. American Apparel went bankrupt two separate times, in 2015 and 2016. Part of that was also due to the slowing-down of brick-and-mortar stores in the mid-2010s, as online retailers like Amazon rose to prominence. […]
January 05, 2017
American Apparel may have some new suitors. Amazon and Forever 21 have reportedly been toying with the idea of acquiring the vying for the troubled clothing retailer. In fall 2016,...