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: RetailTech: Loss Prevention—Understanding the Big Picture To Prevent, Mitigate and Recover “Shrink”ing ProfitsWeekly US and UK Store Openings and Closures Tracker 2023, Week 44: Poundland Drives UK Store OpeningsAugust 2023 China Retail Sales: Growth Rate Improves, Breaking Three-Month Downward TrendAnalyst Corner: Retail Innovation in China, with Anand Kumar—Three Opportunities for Brands and Retailers
