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American Apparel files for bankruptcy

Troubled teen apparel retailer American Apparel Inc (APP.A) filed for voluntary chapter 11 bankruptcy protection on Monday and said it had reached a restructuring support agreement with most of its secured lenders. American Apparel said it would continue to op... More »

American Apparel says may not have enough funds for next 12 months

Loss-making teen apparel retailer American Apparel Inc (APP.A) said on Tuesday it doesn’t expect to have sufficient funds to keep the business running for the next 12 months, warning shareholders may lose some or all of their investments and it may not be able... More »

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