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April 4, 2011

American Apparel May Seek Bankruptcy Protection

Facebook Facebook Twitter Twitter LinkedIn LinkedIn American%20Apparel<%2Fspan>%20said%20it%20may%20seek%20bankruptcy%20protection%20after%20slumping%20sales%20and%20productivity%20ate%20into%20its%20cash.%20“We%20are%20currently%20experiencing%20significant%20liquidity%20constraints,”%20the%20company%20said.%20<%2Fa>%0D%0A%0D%0Ahttps%3A%2F%2Fwww.mytotalretail.com%2Faggregatedcontent%2Famerican-apparel-may-seek-bankruptcy-protection%2F" target="_blank" class="email" data-post-id="32295" type="icon_link"> Email Email 0 Comments Comments

American Apparel said it may seek bankruptcy protection after slumping sales and productivity ate into its cash. “We are currently experiencing significant liquidity constraints,” the company said.

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Categories:
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Craig Johnson
Dov Charney

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