With falling sales and legal troubles, the clothing retailer doesn't have enough cash on hand to make its debt payments.

American Apparel appears to be on the brink of bankruptcy, according to a regulatory filing from the company.

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With falling sales and legal troubles, the clothing retailer doesn’t have enough cash on hand to make its debt payments.

American Apparel appears to be on the brink of bankruptcy, according to a regulatory filing from the company.

Read Full Story