- American City Business Journals•yesterdayAmerican Apparel explores sale, may move out of L.A.
American Apparel may not be “designed, cut and sewn in Los Angeles” for much longer. Six months after emerging from Chapter 11 , American Apparel has hired investment bank Houlihan Lokey Inc. to find a buyer. The move follows a years of turmoil at the company that included the messy ouster of founder and CEO Dov Charney over alleged misconduct in 2014, and filing for bankruptcy last fall , with declining sales, widening losses, layoffs and store closures along the way.
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- American City Business Journals•2 months agoAmerican Apparel launches 'Make America Gay Again' LGBTQ rights campaign
American Apparel is teaming with LGBTQ groups Human Rights Campaign and the Ally Coalition on a “Make America Gay Again” campaign to raise funds in support of initiatives to end LGBTQ discrimination. The Los Angeles-based clothing manufacturer and retailer this week launched sales of limited-edition t-shirts and tanks featuring phrases such as, "Make America Gay Again" and "Make America LGBTQ Again." The items are available at American Apparel stores, AmericanApparel.com/MakeAmericaGayAgain and HRC.org, with 30 percent of sales going to support the passage of the Equality Act and programs aimed at ending LGBTQ discrimination.
American Apparel Inc Common Sto (APP)
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