american apparel bankruptcy news and archive

American Apparel hires new chairman and attempts a comeback

Los Angeles - It looks like American Apparel is finally getting a handle on things. Settling down after filing for bankruptcy and undergoing major struggles, the Los Angeles-based retailer just named a new chairman for their board. Embarking American Apparel on a new journey business-wise, Paul Charron takes the executive role as the company’s...

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American Apparel exits Chapter 11 bankruptcy

Los Angeles - After over a year of financial woes, American Apparel has officially exited Chapter 11 bankruptcy. The fashion-basic apparel brand announced that it has emerged as a private company through its newly structured reorganization plan. The trendy retailer and manufacturer was deemed out of bankruptcy by approval of the Delaware court...