American Apparel Closing?

[a bag of it]

yes folks you heard correctly, today is a sad, sad day.

http://www.dailyfinance.com/story/company-news/american-apparel-close-to-defaulting-on-loans/19597477/?icid=main|htmlws-main-n|dl2|link6|http%3A%2F%2Fwww.dailyfinance.com%2Fstory%2Fcompany-news%2Famerican-apparel-close-to-defaulting-on-loans%2F19597477%2F

[canadafaf]

About damn time.

To be honest I never found American Apparels clothing to be worth the money. The material and stitching of their clothes wasn't that good either. Also, they shouldn't have spent a bundle of their profits on advertising.

*sigh* I could go on a rant about American Apparel for days. Instead I will post a picture of a defiled American Apparel store as a result of the G20 riots in Toronto

[Gaza]

I've always found their clothing ideal for my body type.

Long and slim...this is a sad day indeed.

[ninetynine]

oh, so I'll get some t shirts for cheap in a couple months from now? cool.

[Appleseed]

? EVEN if they enter Chapter 7 or 11 bankruptcy, that does NOT mean they are closing. That DF article is talking about them being close to defaulting on loans. Did ya'll even read it?

The larger reality is that very likely Dov will be pushed out as CEO, and AA will start to outsource stuff to China and Vietnam, effectively becoming a different company.....

[ninetynine]

Dov will be pushed out as CEO

That sounds good to me, Dov tried sexually molesting 1 or 2 of my friends that work at American Apparels if I remember correctly.

[Appleseed]

While removing him as CEO will be #1 priority to whatever entity swoops in on the company, I can totally see a scenario where he stays at AA as head of design or creative director or something-

[ninetynine]

I could see that happening for sure, but at least he would no longer have the authority to fire store managers or proposition company workers and get away with it.

[BeachHouse]

I found the issue with the 1,500 undocumented workers by a "made in America" brand...ironic?

[BeachHouse]

that was a hipster joke. I think it was reaching a bit far.

[okonomi]

What about the hipsters? Won't somebody please think of the hipsters!?

[DüM]

the hipsters are fucked regardless. American Apparel is all about boat shoes now anyway.

[cphamwong]

I have to admit I liked some of their stuff. Their target market sucked but their whole idea of offering all the "alternative lifestyle" people a huge variety of basic un-logo'd clothing was cool imo.

[GregoryH]

they make well fitting t-shirts

that's about it these days

I worked there probably 5 years ago, got so much free shit I had to literally give most of it away, and 90% of the employees I worked with shoplifted on the reg...

just saying

[aldan]

I wonder how this will affect wholesaling prices in the not-so-distant future. For independent designers like myself, the investment has always been kinda up-there.

Hopefully this is good news, but I won't get my hopes up.

[chris_n]

the only thing aa was good for was junglejane x AA collabo.

[conqueror]

i bought a three pack of some tees last year in M and they all fit completely differently.

[pure junkie]

? EVEN if they enter Chapter 7 or 11 bankruptcy, that does NOT mean they are closing. That DF article is talking about them being close to defaulting on loans. Did ya'll even read it?

The larger reality is that very likely Dov will be pushed out as CEO, and AA will start to outsource stuff to China and Vietnam, effectively becoming a different company.....

They already outsource, just because clothing tag says "made in US" does not mean it's made here 100%. There are laws as far as what % of the actual garment is made in the country in order to label it.

[pure junkie]

? EVEN if they enter Chapter 7 or 11 bankruptcy, that does NOT mean they are closing. That DF article is talking about them being close to defaulting on loans. Did ya'll even read it?

The larger reality is that very likely Dov will be pushed out as CEO, and AA will start to outsource stuff to China and Vietnam, effectively becoming a different company.....

They already outsource, just because clothing tag says "made in US" does not mean it's made here 100%. There are laws as far as what % of the actual garment is made in the country in order to label it.

[Appleseed]

They already outsource, just because clothing tag says "made in US" does not mean it's made here 100%. There are laws as far as what % of the actual garment is made in the country in order to label it.

Ya think? (10)

If simply for what it symbolizes, I will be slightly bummed whenever their giant warehouse removes the AA / Legalize LA banner. My neighborhood will be getting a little more quiet.

[shinobi2000]

Good riddance to "Downtown LA" If they start using Guatamalan 9 year olds, perhaps the quality of their clothes may begin to get better.