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News Stories (8 Results) - American Apparel

Reuters reports American Apparel LLC filed for its second bankruptcy protection in just over a year on Monday, weighed down by intense competitive pressures facing U.S. teen retailers and a rocky relationship with its founder.The Reuters article... Read Story
November 14, 2016, 08:01 AM

American Apparel, LLC has emerged from chapter 11 as a private company after successfully implementing its plan of reorganization, approved by the Delaware bankruptcy court on January 27, 2016.American Apparel's reorganization plan converted... Read Story
February 08, 2016, 07:48 AM

American Apparel, Inc. announced that it has obtained unanimous approval of all voting classes to accept its reorganization plan, a significant step forward that will enable the company to continue implementation of its current turnaround strategy... Read Story
January 12, 2016, 08:06 AM

Bloomberg reported American Apparel Inc. founder Dov Charney is working with a small investment bank on a potential bid to buy the clothing retailer out of bankruptcy.Charney, who has been trying to regain control of American Apparel since being... Read Story
December 07, 2015, 08:03 AM

American Apparel reached a restructuring support agreement with 95% of its secured lenders to implement a pre-arranged financial restructuring. This reorganization will enable the Company to implement a comprehensive transformation strategy to... Read Story
October 05, 2015, 08:03 AM

Bloomberg reported American Apparel Inc. posted a wider second-quarter loss in a preliminary earnings statement and said it won’t be able to report official figures on time because its management is engaged in talks with lenders.According to the... Read Story
August 12, 2015, 07:57 AM

American Apparel, a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, announced a $15 million increase in its revolving credit facility with Capital One Leverage Finance Corp. As a part of this... Read Story
July 09, 2013, 07:56 AM

American Apparel, a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, has successfully closed a private offering of $206 million principal amount of its 13% senior secured notes due 2020 and has entered... Read Story
April 05, 2013, 08:01 AM