Sad news today, one of our favorite retailers is closing their doors for good. According to fashion sources, the continuously struggling brand American Apparel will be closing its doors in April. The once-popular Los Angeles company will be shutting down every single one of its 110 U.S. stores. Due to last Tuesday’s auction win, Gildan Activewear Inc. won the auction to purchase American Apparel LLC for approximately $103 million USD.
It’s officially the end of an era, simplistic clothing retailer American Apparel will be closing every single one of its U.S. stores come spring 2017.
Since then, the Canadian manufacturer has been waiting for an approval by a Delaware court judge to successfully claim the Los Angeles-based company that had filed for bankruptcy in November 2015. Also, it’s very important to note with this auction win, Gildan Activewear did not purchase the 110 active U.S. American Apparel stores along with the corp. so with that being the case, all the U.S. retail shops will be closed in only a couple of months. American Apparel’s Los Angeles headquarters, its La Mirada distribution center and the brand’s two production centers in Garden Grove and South Gate are all set to close down. Currently, the LA-based retailer plans to close down each of its U.S. stores and hometown headquarters by this April.
American Apparel has yet to send out a press release over the matter, but hopefully, it will be soon. Perhaps a huge closeout sale is underway, who knows? However, all we can say for now is that its an end of an era.
Who can forget some of their racy ad campaigns, with half naked models? American Apparel’s simplistic clothing and designs were the catalysts for many eclectic buyers and fans all alike. With that being said, maybe hope isn’t all lost, the brand may still live on in some shape or form thanks to its recent buyout from Gildan Activewear. Until then we’ll keep you posted on this matter. Your dope for reading!
