Flash Report 3 minutesRegister for Free AccessAmerican Apparel’s Restarting After Traveling the Road to Bankruptcy Coresight Research October 5, 2015 Executive Summary Despite its controversial advertisements and the scandals surrounding its founder and former CEO, in the end, what matters for American Apparel is customer demand. On August 17, 2015, the company reported that it had experienced its 10th consecutive quarterly loss in the second quarter, with sales falling 17%. The company subsequently filed for bankruptcy on October 5, which will lighten its debt load and let its new management team begin the company’s turnaround. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Retail Around the World: Coresight Research Observations, 2Q23More Active Consumers Proliferate Ahead of Memorial Day: US Consumer Tracker 2023, Week 22Consumer Activity Patterns Show Variability: US Consumer Survey InsightsUS CPG—Retail 2024 Sector Outlook: Volume Growth To Turn Positive as Inflation Eases