american-apparel

American Apparel: All News Is Bad News

Hamilton Nolan · 08/18/10 03:54PM

Yesterday came the first real signs that American Apparel could soon face bankruptcy. Today, the news for Dov Charney's breast-covering empire grows darker: a shareholder lawsuit, rumored store closings, a stock that's still plummeting, and disgruntled employees emailing us.

Who Will Save American Apparel?

Brian Moylan · 05/19/10 04:35PM

American Apparel announced a $17.6 million loss for the first quarter of 2010, a figure that puts the company in danger of defaulting on one of its loans. If it can't refinance, you'll have nowhere to get striped tube socks!