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Amazon, Forever 21 Vying For Bankrupt American Apparel

  • Reuters, Friday, January 6, 2017 8 AM
Online retailer Amazon.com and teen apparel store chain Forever 21 are
among the companies weighing offers to acquire bankrupt American
Apparel. The bankruptcy auction of Los Angeles-based American Apparel
will determine the future of a major clothing manufacturing plant in
California, one of the most expensive U.S. states in terms of labor
costs.

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