American Apparel Secures $14.9 Million in New Financing

04/26/11 LOS ANGELES--(BUSINESS WIRE)--American Apparel, Inc. (NYSE Amex: APP), a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, today announced it has raised $14.9 million in new capital, which will allow it to take advantage of improving business conditions, while at the same time meeting increased bank required reserves. The company has agreed to sell ...

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American Apparel Hit With $343K Judgment in Racial Slur Case [Lawsuits]

07/07/11 # lawsuits In 2008, Christopher Renfro, a black former employee of anti-uglies retailer American Apparel, sued the company for racial discrimination , alleging that a coworker had repeatedly called him "nigger." Finally, the suit has been settled. In Renfro's favor. More »

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Friday morning headlines

07/08/11 Mark Lacter: Boehner pulls back on debt deal, local food banks are struggling, more cash for American Apparel, and LAX fined for security lapse.

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