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American Apparel Admits it Might Have to Go Out of Business Within a Year

American Apparel, official outfitter of Williamsburg, Brooklyn, has seen business decline faster than the neckline of an Organic Fine Jersey Short Sleeve V-Neck over the past few years. Despite a resilient effort to remain relevant, everyone’s favourite erotic poster manufacturer downtown LA success story from half a decade ago admitted yesterday that it

Gap is Closing 175 North American Stores

Apparently, once beloved basics have become boring basics. Gap announced yesterday that it would close 175 stores (one forth of its stores in North America) in hopes of revitalizing the brand in the wake of slumping sales. Of these 175, 140 will close in the current fiscal year, which ends in