Since firing the founder, Dov Charney, late last year, new management has been struggling to keep American Apparel in business. Last week, it announced that sales are down, losses are bigger than ever, and bankruptcy may be on the horizon. Matthew Townsend reports for Bloomberg Businessweek.
American Apparel Hangs by a Thread
Credits
Guests:
- Matt Townsend - Bloomberg BusinessWeek - @matt_townsend
- Jan Hubner - General Brotherhood of Workers of American Apparel
- Ilse Metchek - California Fashion Association - @calfashion