The widely renouned and trendy US clothing line, American Apparel bore a loss in nine figures to the tone of $106 million and was confronted with enormous debt repayments. Moreover, the chief executive officer (CEO) and creator was fired due to personal misconduct.
Students address the impact of the CEO's termination on the financial performance of the business and must assess the financial status of the company.
PUBLICATION DATE: April 14, 2016 PRODUCT #: W16208-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING