American Apparel has hired the former CFO of Blockbuster Tom Casey, as acting president, putting him in charge of leading the company as it embarks on a new strategy. The announcement comes amid American Apparel's struggle to avoid being delisted by the New York Stock Exchange and to keep compliance with debt covenants.American Apparel last month received a warning that it could be delisted as it delayed the filing of its second-quarter results amid the resignation of its accounting firm in July. The exchange later extended the delisting proceedings to Nov. 15, by which time the company has promised

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