After escaping from the brink of a financial meltdown, is American Apparel Inc. poised for a new period of growth?
Analysts were upbeat about the company’s new financing arrangement with London-based Lion Capital, finalized on Friday. The new $80 million security frees the company from its crushing credit agreement with SOF Investments, provides for a stable capital structure over the next five years and enables American Apparel management to refocus attention on product, retail development and marketing initiatives.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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