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American Apparel Files for Bankruptcy Protection
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American Apparel, the troubled chain that boasts of "Made in the USA" fashions, filed for voluntary bankruptcy protection early on Monday on the back of a growing list of woes.
The Los Angeles-based company has been embroiled in a drawn-out legal battle with its ousted founder and former chief executive Dov Charney and has seen declining sales since 2010, leading to a series of steep losses.
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Times Of India's Official YouTube channel is managed by Culture Machine Media Pvt Ltd.
The Los Angeles-based company has been embroiled in a drawn-out legal battle with its ousted founder and former chief executive Dov Charney and has seen declining sales since 2010, leading to a series of steep losses.
Social Media Links:
Times Of India's Official YouTube channel is managed by Culture Machine Media Pvt Ltd.
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