American Apparel Likely Shuttering UK Stores

Total Retail’s Take: Things aren't looking good for American Apparel. After filing for bankruptcy last year, the company lost its CEO after two years of turmoil caused by the firing of Don Charney, American Apparel’s founder. KPMG reports that American Apparel has already stopped shipping merchandise to its U.K. stores. We might not have to wait long to see the company’s U.K. business come to an end.