American Apparel Again Warns It Could Go Bankrupt
The beleaguered apparel brand reported its second straight quarterly loss and said it might not survive the next 12 months.
Read moreWhy It's Trending: The clothing company has disclosed that it is running short on cash, and may therefore violate a loan covenant.
The beleaguered apparel brand reported its second straight quarterly loss and said it might not survive the next 12 months.
Read moreDec. 19, 2006 -- American Apparel, a Los Angeles-based clothing company, on Tuesday reached a $244 million deal with Endeavor, a New York... Read more
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The founder of red-hot American Apparel has the simplest possible business strategy: He does and says exactly what he wants to. Read more
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Dunn's favorite things include The New Yorker and an American Apparel hoody. Read more
Creating brand merchandise can strengthen customer loyalty and enlist fans to spread your name—"but you don't want to make just another oversized T-shirt. Read more
Location: Los Angeles
Three-Year Growth: 524.6%
2004 Revenue: $127.9 million
Employees: 3,500
Founded: 1998
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With huge losses and slumping sales, the hipster clothing brand says it "may not have sufficient liquidity necessary to sustain operations." Read more
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