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American Apparel Still Needs More Money

American Apparel has been forced to seek new financing options as negotiations with private equity firm Colbeck Capital have broken down. Despite improving sales figures, the retailer is in dire need of money to pay off a $47.6 million loan from Bank of America as well as the $114 million owed to London-based Lion Capital. 

Copyright © 2013, New York Media LLC. All Rights Reserved. The Cut® are registered trademarks of New York Media LLC.

Copyright © 2013, New York Media LLC.
All Rights Reserved.

Copyright © 2013, New York Media LLC. All Rights Reserved.

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