A class-action lawsuit has been filed against Los Angeles-based American Apparel by one of its shareholders for the company's alleged violations of anti-fraud securities laws.
Apparel
Retailer American Apparel Inc., known for its sweatshop-free jersey basics and gritty poster advertising, won't be able to file its next quarterly earnings report on time, risking its status as a New York Stock Exchange listed company. American Apparel said late Monday it was not able to file for the quarter that ended June 30 on time due to a change in the company's accounting firm. Deloitte & Touche LLP recently quit as its bookkeeper, U.S. court documents show. The company has appointed new auditors to get the books in order and will file as soon as practical, and
This past March, we lost a treasured member of the Ash City family with the passing of Norm Ogroskin. Norm represented Ash City in Southern California for more than 10 years and was actively involved in our industry.
Hopkins, Minnesota-based River’s End Trading Company announces the purchase of an office and warehouse distribution center located on 42 acres in Medina, Minnesota. The company will relocate from its Hopkins, Minnesota headquarters in Jan., 2011.
Shares of American Apparel plummeted another 21% Wednesday, on top of a comparable drop the previous day, as the casual clothing chain said accounting troubles that have put it on the brink of closing have led to investigations.
The news talks about everything endangering our children: toxic toys, fattening fast food, etc. Yet no one addresses the real threat: kids' awful taste in clothing.
Casual clothing chain American Apparel, suffering a steep sales slump and manufacturing problems, warned Tuesday that it might default on loans and not be able to stay in business.
Gildan Activewear Inc. today announced its financial results for the third quarter of its 2010 fiscal year. The Company also updated its outlook for the full fiscal year.
Avenel, New Jersey-based Vantage Apparel, a leading manufacturer and decorator of logo apparel, received a Supplier Excellence Award from AIA Corporation at the AIA 2010 National Sales Summit in St. Charles, Ill.
Hopkins, Minnesota-based River’s End Trading Company, a leading supplier of imprintable apparel and accessories, announced the addition of Custom Branded Sportswear dba PING Apparel to its lineup of brands for distribution to the promotional products marketplace.