Monday, June 27, 2022

American Apparel Closes All 110 Stores After Filing Bankruptcy!

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written by

Aaron Fernandes
Aaron Fernandeshttps://iconichipster.com
“When reading a book, be very certain that you never go past a word you do not fully understand. The only reason a person gives up a study or becomes confused or unable to learn is because he or she has gone past a word that was not understood.” L. Ron Hubbard

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American Apparel is officially shutting down.

The fashion company has been purchased in a bankruptcy auction by Canadian company Gildan Activewear. The company make t-shirts and clothes but have indicated that they will be shutting down all current 110 American Apparel stores together with the official Los Angeles factory where all the clothing’s made.

Gildan bought the company for $88 million – and this includes all of American Apparel’s intellectual property, manufacturing equipment, and a lot more. Make sure you head on over to your closes AA store or their website as the hipster staple will not be around for much longer!

Written by...

Aaron Fernandes
Aaron Fernandeshttps://iconichipster.com
“When reading a book, be very certain that you never go past a word you do not fully understand. The only reason a person gives up a study or becomes confused or unable to learn is because he or she has gone past a word that was not understood.” L. Ron Hubbard

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