American Apparel, the company best known for its provocative advertisements and made-in-America products, filed for bankruptcy on Monday November 14, 2016. This marks the second time in just 13 months the retailer has filed for bankruptcy protection. Gildan Activewear, a Canadian-based clothing manufacturer, has since purchased the intellectual property rights for $66 million. Gildan has […]
Our Fashion Marketing Los Angeles representatives announce Aeropostale’s crisis.
Aeropostale Filing For Bankruptcy
Today, Aeropostale, the popular teen retail store, filed for bankruptcy. For the past thirteen fiscal quarters Aeropostale has loss money. The debt accrued by Aeropostale is a hefty 390 million. The money that the company has secured is 160 million, while the assets listed […]