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American Apparel facing bankruptcy

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08-18-2010, 10:37 PM

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American Apparel facing bankruptcy

It has been revealed that US fashion chain American Apparel is facing bankruptcy. The chain, which has faced much criticism for its provocative and controversial ads, has almost 300 stores worldwide and 14 in the UK. The company is ready to collapse under a mountain of debt of £77.2 million and has already warned that [...]

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