American Apparel files for bankruptcy again

Early this week US-based fashion more retail American Apparel closed the doors for its Australia clients. All the American Apparel shops in Australia are closed. The company filed for bankruptcy for the second time. They filled for bankruptcy in mid-2015 too.

Related : Nasty Gal files for bankruptcy

Companies website said “American Apparel will no longer maintain an online presence in Australia. We would like to express our gratitude to you for your business,”. It is a right lesson for people who are running online fashion businesses.

Related : Pumpkin Patch collapses into receivership 

This news is very alarming to Australian online fashion industry. Since children’s clothing store pumpkin patch and Nasty Gal stop operations and went to file bankruptcy.

In Australia, Kmart is stepping into the fashion industry. With quality garments and different finishing.  Companies like Pumpkin Patch’s hit a huge plunge from Kmart. Kmart prices are the lowest among Australian retail shops. they are selling almost everything.