This isn’t a Hard Times article, folks. It’s just a little piece of news that may be hard to digest if simple zip-ups, soft, single colored t-shirts, or long sweater dresses are kind of your thing.
Last October, American Apparel filed for bankruptcy and sadly hasn’t been able to pull itself out of debt since. As a result, all 110 American Apparel stores across the country will be shutting down for business.
The brand that first launched in 1989 is being taken over by a Canadian company called Gildan, which will be acquiring its property and manufacturing equipment for a whopping $88 million.
Those of you who purchase your band t-shirts through sites that print at AA don’t have to fret too much however, as American Apparel still plans on remaining a wholesale company.
Another silver lining for fans of the brand is that everything on the American Apparel website is currently 40% off, so get that merch while you still can.
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