US-based clothing retailer American Apparel has started closing its European stores by offering a 30 per cent discount on all products. The final liquidation is scheduled for May 28. Once claimed to be the largest domestic apparel maker of the US, has been going through a rough patch in recent years.
The still sizable following of the brand should be able to pick up some good buys since European locations were able to recover stock from other already closed shops and corners, especially from Germany, but also from the company’s US headquarters.
It may be mentioned here that Gildan Activewear, in January, bought American Apparel for US $ 88 million.
Also Read – American Apparel making goods outside US for first time
American Apparel is an American clothing manufacturer, designer, distributor, marketer and retailer based in Los Angeles, California. Founded by Dov Charney in 1989, it is a vertically integrated company which is one of the largest apparel manufacturers in North America.
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