American Apparel workers reported to the company’s Los Angeles factory Monday to pick up their final checks.
Gobbetti will join the company on Jan. 27, as executive chairman, Asia-Pacific and Middle East until July 4, when he will become ceo.
Multiple, qualified bids on the company could pave the way for a bankruptcy auction for Nasty Gal.
The Los Angeles company’s deal to Gildan Activewear received court approval along with smaller deals on some retail leases also receiving the OK.
Retail and luxury stocks were mostly down in early trading on Thursday.
Tmall Global almost doubled its product categories to more than 3,700, from 63 countries and regions last year.