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American Apparel saga continues with reports that it’s looking for buyer
It appears that American Apparel may be looking to start a new chapter. The retailer, which emerged from Chapter 11 bankruptcy protection some six months ago, is now said to be looking for a buyer, Women’s Wear Daily reported. Click here to read more. -
Teen retailer back in favor
Urban Outfitter Inc. turned in a better-than-expected performance in the second quarter amid increased sales and fewer promotions and markdowns. “Urban has now regained its position as the brand leader for young people,” said Urban Outfitters CEO Richard A. Haynes during the chain’s quarterly conference call.