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.
The properties are located in Stockholm, Gothenburg, Malmo and Uppsala, and the tenant lineup includes well-known international nameplates, such as H&M.
Women, especially Millennials who once eschewed vibrant lipsticks, are grabbing more lip products, according to statistics gathered by The NPD Group Inc.
The lingerie retailer will be acquired by a consortium that currently holds 88.6 percent of its outstanding stock for 27 cents a share in cash.