As you all have probably heard, American Apparel having been having a rough time as of late. There were reports of sexual harassment, loss of sales, conspicuous behaviour of certain management, and poor treatment of employees. So needless to say its been hard for the company especially with the closing of many of their retail locations.
The CEO denies claims of bankruptcy however, Fashionista is reporting that there are rumors of its sale. Now, Dov Charney does have a 60% stake in the comapny and he seems to be stating that himself and the company are here to stay. Nevertheless reports claim that any decision taken to sell would take place without Charney. In short, go out and grab those essentials for your closet! As the future of this store seems shakey!
Photo: butterboom.com
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