American Apparel files for bankruptcy

Ricardo La Torre

I'm not sure that if this a sign of a point of no return. But it really says something about our country ability to produce clothing anymore. American Apparel that was founded in the mid-80s as result against stands of other companies taking the labor overseas, has finally filed for bankruptcy. It's nothing that we were not expecting, since they have been struggling for quite some time. They have going through CEO drama, meanwhile a brand change that tried less sexualization of the models. During all these distractions, HM and Zara have been increasing in market share.