Reuters reports American Apparel LLC filed for its second bankruptcy protection in just over a year on Monday, weighed down by intense competitive pressures facing U.S. teen retailers and a rocky relationship with its founder.The Reuters article...
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November 14, 2016, 08:01 AM
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American Apparel, LLC has emerged from chapter 11 as a private company after successfully implementing its plan of reorganization, approved by the Delaware bankruptcy court on January 27, 2016.American Apparel's reorganization plan converted...
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February 08, 2016, 07:48 AM
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American Apparel, Inc. announced that it has obtained unanimous approval of all voting classes to accept its reorganization plan, a significant step forward that will enable the company to continue implementation of its current turnaround strategy...
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January 12, 2016, 08:06 AM
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Bloomberg reported American Apparel Inc. founder Dov Charney is working with a small investment bank on a potential bid to buy the clothing retailer out of bankruptcy.Charney, who has been trying to regain control of American Apparel since being...
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December 07, 2015, 08:03 AM
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American Apparel reached a restructuring support agreement with 95% of its secured lenders to implement a pre-arranged financial restructuring. This reorganization will enable the Company to implement a comprehensive transformation strategy to...
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October 05, 2015, 08:03 AM
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Bloomberg reported American Apparel Inc. posted a wider second-quarter loss in a preliminary earnings statement and said it won’t be able to report official figures on time because its management is engaged in talks with lenders.According to the...
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August 12, 2015, 07:57 AM
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American Apparel, a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, announced a $15 million increase in its revolving credit facility with Capital One Leverage Finance Corp. As a part of this...
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July 09, 2013, 07:56 AM
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American Apparel, a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, has successfully closed a private offering of $206 million principal amount of its 13% senior secured notes due 2020 and has entered...
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April 05, 2013, 08:01 AM
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