American Apparel Files for Bankruptcy, Hopes to Survive

submitted by WORLDSTARWEED on 01/17/17 1

Oct. 5 -- American Apparel, the made-in-the-U.S.A. clothing chain known for provocative marketing and boardroom drama, filed for bankruptcy protection after years of losses and a feud with controversial founder Dov Charney. Bloomberg's Matt Townsend reports on "Bloomberg Markets."

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