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American Apparel is the Latest Retail Trainwreck
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American Apparel is the Latest Retail Trainwreck

Nov 22, 2016
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American Apparel is the Latest Retail Trainwreck
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So Many Caught With Their Pants Down

Add a prestigious lineup of distressed investors and professionals to the roster of folks pantsed by American Apparel.  

In October 2015, American Apparel filed for bankruptcy. It converted $200mm of secured debt into (a) equity and (b) a $120mm post-bankruptcy exit Term Loan (subsuming $30mm of new money). The Company…

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