News

Actions

American Apparel files for bankruptcy protection, again

Posted

WASHINGTON (AP) — American Apparel is seeking bankruptcy protection for the second time in just over a year, unable to find its footing even after a contentious fight for control with founder Dov Charney.

Canada's Gildan Activewear is buying the brand, notorious for its advertising campaigns, for $66 million.

The Los Angeles retailer first filed for Chapter 11 bankruptcy protection in October 2015, about a year after it fired Charney for violating its sexual harassment policy. Charney's legal campaign to retake control of the company was rejected by a bankruptcy court judge in January.

Charney denies the sexual harassment charges and has claimed the company was taken from him in a "coup."

American Apparel has lost money every year since 2010.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Saturday

02/07/2026

Clear

-° / 46°

6%

Sunday

02/08/2026

Mostly Clear

70° / 48°

8%

Monday

02/09/2026

Cloudy

60° / 49°

8%

Tuesday

02/10/2026

Showers Early

66° / 46°

37%

Wednesday

02/11/2026

Partly Cloudy

61° / 43°

13%

Thursday

02/12/2026

Mostly Clear

61° / 43°

14%

Friday

02/13/2026

Partly Cloudy

62° / 43°

14%

Saturday

02/14/2026

Showers

63° / 44°

47%