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    American Leisure Wear Brand American Apparel Is Heavily Indebted.

    2014/7/2 14:51:00 34

    The American Casual Wear BrandAmerican ApparelIs In Debt.

       U.S.A The famous leisure brand American Apparel Inc. has recently been caught in the rain. Not only busy looking for a new CEO, but also being urged by creditors Lion Capital to repay $10 million in loans.


      



     


    Co chairman Allan Mayer said that the two sides were discussing the stage and said that if they really need to pay off their debts immediately, this is not a problem for the company.


       American Apparel has debts of $280 million.


    Although the Lion Capital debt service will cause difficulties to its financial situation, the company is very confident about its relationship with creditors, so it is believed that these debts will not make them. bankruptcy


    Not long ago, the reporter reported that American Apparel had lifted the news of CEO Charney of Dov Charney, which had been harassed by the sexual harassment scandal. This decision was obviously recognized and supported by the majority of investors in the brand. After announcing the dismissal of Dov, the share price of American Apparel rose rapidly. In this regard, Charney can only say "now I have nothing to say" when it is blocked by the media.

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