ANOTHER Company To Close ALL Stores In Australia
American Apparel's Australian arm has gone into voluntary administration with all stores set to close in just a matter of weeks.
rip american apparel
— yams (@kurwayamina) September 23, 2016
American Apparel, RIP baby girl. U looked so good standing there in ur insanely overpriced unisex-underwear. Hipster heaven gains an angel 🙏
— Drew Dandy Roo (@DecadentSparrow) November 8, 2016
The news follows the brand's termination of its Australian online store and within weeks after the parent company decided to stop supporting a number of businesses outside the U.S.
Reports say Administrator McGrathNicol has been appointed to take control of the Aussie stores, informing up to 100 employees the doors will close following sales.
The UK and Irish businesses also went into administration this week.
All stock will be liquidated.
Source: Daily Mail
