Leonard Green and Ron Burkle are both circling American Apparel as it seeks to refinance its debt load.
Private equity firm Leonard Green & Partners recently offered a $100 million loan secured by American Apparel’s brand name and intellectual property, which could have been used to pay off $83.8 million the struggling retailer owes to London-based Lion Capital under a term loan that carries an exorbitant 18 percent interest rate, said sources.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"