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American Apparel re-engages with potential buyers in bankruptcy deal: source

Published Wed, Nov 9, 2016 · 09:50 PM

New York

AMERICAN Apparel LLC has resumed talks with at least two potential bidders for the US teen clothing retailer, after bankruptcy sale negotiations with brand licensor Authentic Brands Group LLC stalled earlier this week, a source close to the company said on Tuesday.

American Apparel is looking for a buyer as it prepares for its sec…

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Companies & Markets

American Apparel re-engages with potential buyers in bankruptcy deal: source

Consumer & Healthcare

Billionaires selling cheap stuff get richer from inflation pain

Amazon to push cashierless shopping tech into more third-party stores, while backing off itself

Japan’s Uniqlo opens Rome store as part of European expansion

Abbott beats quarterly profit estimates on strong medical device sales

Adidas shares surpass two-year high as 'terrace' sneaker trend boosts brand heat

LVMH’s first quarter sales growth slips to 3% on luxury slowdown

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