Forever 21 and Amazon eye American apparel

Authentic Brands Group LLC, which owns Aeropostale and Juicy Couture, is also mulling an offer, said the person, who asked not to be identified

Forever 21 and Amazon eye American apparel
NEW YORK: Amazon.com Inc and Forever 21 Inc are considering making bids for bankrupt retailer American Apparel Inc., according to a person familiar with the situation.

Authentic Brands Group LLC, which owns Aeropostale and Juicy Couture, is also mulling an offer, said the person, who asked not to be identified because the discussions aren’t public.

American Apparel filed for its second bankruptcy within a year in November with the intent to sell the company. Gildan Activewear Inc, a Canadian T-shirt and underwear maker, made an initial offer of $66 million for the brand and inventory but not any of the company’s stores.

Representatives for Amazon, Forever 21 and Authentic Brands didn’t immediately respond to requests for comment.
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