Crying inside! Could this really be the end of an era? Yup you heard right, American Apparel may not exist next year. Losing the leadership of its founder, Dov Charney. Sales have been beginning to slump, the company is facing numerous lawsuits, which a press release was recently sent out outlining a mega $30 million cost-cutting initiative. Stores closing and further cutting its workforce may be an option. Though American Apparel will be launching for the first time ever, a new fall line of clothing. Not sure if that will be enough to save the company, and they know it.
American Apparel don’t leave us just yet!!