It's a bad news for those American Apparel's fans.One of American Apparel’s flagship stores,
in London’s Covent Garden, could be closed along with four other UK shops.
in London’s Covent Garden, could be closed along with four other UK shops.
The embattled US fashion retailer is thought to be considering disposing of its shops in Bristol, Leeds,
Liverpool, Nottingham and the store on Neal Street in Covent Garden and has appointed UK
retail property specialist Kitchen La Frenais Morgan, Property Week reported (£).
Liverpool, Nottingham and the store on Neal Street in Covent Garden and has appointed UK
retail property specialist Kitchen La Frenais Morgan, Property Week reported (£).
This would leave the chain, which became known for its Made in the USA clothes, as well as its controversial
ads, with four stores outside London – in Brighton, Birmingham, Glasgow and Manchester.
ads, with four stores outside London – in Brighton, Birmingham, Glasgow and Manchester.
The Los Angeles-based retailer is expected to hold on to its other nine stores in London, alongside
a concession in department store Selfridges.
a concession in department store Selfridges.
Struggling to repair its battered reputation and finances, American Apparel appointed four new directors,
including its first female director, to the board in July. The board shake-up was one of the conditions imposed
by investment firm Lion Capital in return for a $25m (£15m) funding boost. Last month American Apparel
appointed turnaround specialist Scott Brubaker as interim chief executive and replaced its finance chief.
including its first female director, to the board in July. The board shake-up was one of the conditions imposed
by investment firm Lion Capital in return for a $25m (£15m) funding boost. Last month American Apparel
appointed turnaround specialist Scott Brubaker as interim chief executive and replaced its finance chief.
The company is investigating alleged misconduct by its founder Dov Charney, who was ousted by the board in June.
He is still acting as a consultant to the brand.
He is still acting as a consultant to the brand.
American Apparel and Kitchen La Frenais Morgan both declined to comment.
