American Apparel

American Apparel

Retail

Bitter End to American Apparel as Wind Down Accelerates

The company shed about 2,400 people, with the majority of the cuts done in waves Monday.

clock January 17, 2017Kari Hamanaka

American Apparel

Human Resources

American Apparel Layoffs Total 2,400

Workers reported to the company’s downtown Los Angeles factory Monday, instructed to form a line outside its former retail store to pick up their final checks.

clock January 16, 2017Kari Hamanaka

American Apparel Los Angeles

Human Resources

Sources: American Apparel Workers Brace for Mass Layoffs Monday

The wind down is rumored to have begun Friday, with a significant number of layoffs expected Monday as workers report for their shifts.

clock January 15, 2017Kari Hamanaka

American Apparel

Financial

American Apparel Sale to Gildan Approved for $103 Million

The Los Angeles company’s deal to Gildan Activewear received court approval along with smaller deals on some retail leases also receiving the OK.

clock January 12, 2017Kari Hamanaka

A bankruptcy court auction will determine the future of American Apparel's store base.

Financial

American Apparel Stores Brace for Closures

The company’s international fleet of doors continues to shrink as store employees Stateside await news from corporate about their own fate.

clock January 6, 2017Kari Hamanaka

American Apparel

Retail

American Apparel U.K. Business Shutters a Dozen Stores

The Camden High Street store is now the lone door open in the region.

clock December 23, 2016Kari Hamanaka

WWD Law Review

Legal

WWD Law Review: American Apparel, Louis Vuitton, Aquazzura, More

A roundup of recent action in the courts involving the fashion and retail industries.

clock December 22, 2016Julie Zerbo

American Apparel

Retail

Judge OKs Closure of Nine American Apparel Stores

A bankruptcy court judge approved the company’s request to shutter nine underperforming stores, along with a liquidation plan for the remainder of its chain should it fail to find a buyer.

clock December 19, 2016Kari Hamanaka

American Apparel Los Angeles

Fashion Scoops

American Apparel Sues Dye House for Raw Materials

The company’s asking for nearly 250,000 pounds of fabric so that it doesn’t go into default on its DIP and stays in line with the asset purchase agreement struck with Gildan Activewear.

clock December 15, 2016Kari Hamanaka

American Apparel ron burkle

Financial

Judge OKs American Apparel $30M DIP

The company’s debtor-in-possession funding, a portion of which had been approved for interim use last month, received the final OK at a hearing Monday.

clock December 12, 2016Kari Hamanaka

American Apparel

Financial

American Apparel Creditors Want Latest Bankruptcy Tossed

The second Chapter 11— seen as key to getting a sale of all or part of the business done — is being called into question by the group owed $2.5 million from the company’s first bankruptcy.

clock December 9, 2016Kari Hamanaka

American Apparel ron burkle

Retail

American Apparel Creditors Want More Time to Investigate ‘Epic Failure’

The company’s unsecured creditors committee is pushing back on terms of the DIP financing and want more time to investigate the lenders involved in the company’s first bankruptcy.

clock December 8, 2016Kari Hamanaka

American Apparel

Retail

American Apparel Seeks Court Approval to Shutter Nine Stores

The company said it’s still courting buyers for the retail business, but the likelihood of a bidder acquiring all 107 doors and their inventory is looking less likely.

clock December 7, 2016Kari Hamanaka

American Apparel factory Los Angeles

Human Resources

American Apparel Bidders Warm to Facilities, Interest Staves Off January Layoffs

Interest from Gildan Activewear, Color Image Apparel and possibly more bidders in the company’s facilities prompted the latest update on the company’s workforce.

clock December 6, 2016Kari Hamanaka

American Apparel

Retail

Alo Yoga Parent Emerges as Bidder in American Apparel Auction

The Los Angeles-area firm plans to enter the fray with a potential bid likely to rival what’s on the table by Gildan Activewear—unless Color Image can find a partner interested in the retail piece of the business.

clock December 2, 2016Kari Hamanaka

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