×
164
Fashion Jobs
L'OREAL GROUP
Executive - Sales - Matrix - Cochin
Permanent · Kochi
SUBIR SINHA
General Manager Production Manager
Permanent · Kanpur
RIVAARA LABS
we Are Area Sales Manager Like You to Join Our Sales Team
Permanent · Nashik
CAPITAL PLACEMENT SERVICES
sr.Manager Production Grinding Machines For Vadodara Gujarat
Permanent · Vadodara
L'OREAL GROUP
Area Sales Manager - South Bengal
Permanent · Kolkata
FUTURES AND CAREERS
Job Requirement For "Assistant Production Manager"
Permanent · Renigunta
KEWAL KIRAN CLOTHING LTD
Area Sales Manager (Channel Sales) Rajasthan, Jaipur
Permanent · Jaipur
FEDBANK FINANCIAL SERVICES LTD
Area Sales Manager- Doorstep Gold Loan(Chennai)
Permanent · Chennai
HERO HOUSING FINANCE LIMITED
Area Sales Manager
Permanent · Thane
PROJOBS
Manager Accounts - Garment Manufacturing (Cma)
Permanent · Coimbatore
HECTOR AND STREAK CONSULTING PVT LTD
Production Manager- Diagnostic Portfolio
Permanent · Mumbai
ELITE DECOR PVT LTD
Production Manager & Production Supervisor
Permanent · Vadodara
L'OREAL GROUP
Sales Executive - Professional Division - Bhopal
Permanent · Bhopal
L'OREAL GROUP
Executive - Sales Cpd - Bhatinda (n)
Permanent · Bathinda
L'OREAL GROUP
Sales Executive - Cpd - Bhatinda
Permanent · Bathinda
L'OREAL GROUP
Area Sales Manager, Cpd - Chandigarh
Permanent · Chandigarh
HEALTHKART
Area Sales Manager- Healthkart - Lucknow, Agra, Gwalior
Permanent · Lucknow
HALONIX TECHNOLOGIES PVT LTD
Area Sales Manager - Lighting Retail Sales (Rajkot)
Permanent · Rajkot
ELECTRONICA FINANCE LTD
Area Sales Manager - Bangalore Machinery Loan
Permanent · Bengaluru
NANDANI CREATION LTD
Production Manager
Permanent · Jaipur
ELECTRONICA FINANCE LTD
Area Sales Manager - Kolhapur Machinery Loan
Permanent · Kolhapur
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Jharkhand All District)
Permanent · Ranchi
Published
Oct 27, 2016
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

American Apparel prepares to file second Chapter 11 bankruptcy

Published
Oct 27, 2016

American Apparel is preparing for its second bankruptcy according to the American media. Sources that wished to remain anonymous told Bloomberg that the company will file its second Chapter 11 bankruptcy in the coming weeks.



 
The American fashion company filed its first Chapter 11 bankruptcy in 2015, which led to lawsuits from founder Dov Charney, protests from union workers, and Oak co-founders Jeff Madalena and Louis Terrine buying back their Oak brand from the retailer. American Apparel emerged from its Chapter 11 in February with a new reorganization plan that would involve an infusion of $40 million via a third party lender.
 
In August, the Los Angeles retailer hired Houlihan Lokey Inc. to explore a sale. According to Reuters, Authentic Brands Group and Iconix Brand Group both expressed interest in American Apparel.

Amidst the restructuring, American Apparel shifted its marketing to be less risqué and voyeuristic and scaled back its product offering.
 
In October 3, Paula Schneider stepped down as Chief Executive Officer of the company. She cited many reasons for her departure, but her resignation letter stated that she was unable to pursue certain courses of action due to the upcoming sale led by Houlihan Lokey. Delta Galil hired Schneider as CEO of DG Premium Brands weeks later.

Copyright © 2021 FashionNetwork.com All rights reserved.