Amazon, Forever 21 vying for bankrupt American Apparel

New York

ONLINE retailer Amazon.com Inc and teen apparel store chain Forever 21 Inc are among the companies weighing offers to acquire bankrupt American Apparel LLC, people familiar with the talks said on Wednesday.

The bankruptcy auction of Los Angeles-based American Apparel, which made its branding theme "Made in the USA", will determine the future of a major clothing manufacturing plant in California, one of the most expensive US states in terms of labour costs.

Keeping jobs in the United States has become a hot button political issue since the presidential election. Ford Motor Co on Tuesday reversed plans for a US$1.6 billion factory in Mexico and said that it would add 700 jobs in Michigan after receiving criticism f…