For clothing maker American Apparel, the allegations that the company will make decisions about staffing, by nature may become the least of their concerns of Company known as T - T sexualized advertising executive and a recent controversial report that the loss of the Quarter has more than quadrupled from a year earlier and warned that it risks default on credit agreements. News sent its share price and trading in the low single digit acrobatics American Apparel scrambling now work out deal with lender major, Lion Capital, which also owns a share of about 18 percent of the company has warned that by the end of June, they may be unable to meet debt. income will be subject to an agreement with Lion Capital. Although clothing company will be able to fix the crisis that has the problem of manufacturing plants contribute to the financial well, can take several months to work out the company has conceded its Los Angeles - based also has warned. that the risk that the company's stock from the Amex because it has been repeatedly tardy filing of financial documents of "American Apparel is unique because they are in total collapse cusp," Howard Davidowitz, Chairman of the retail consulting and investment banking firm Davidowitz & Associates, said. "You do not have a lot of people out there abuse their loan covenants. They do not have a company going forward until they can resolve the finance. " American Apparel has conceded it made a mistake and said it was unclear what the future holds Dov Charney, color is the founder and top executives have said that the company continues to operate even when there are concerns about debt. "Our company has in the past have been through this type of problem before and was never presented awesomeness with difficulties specific to our business," he said in a conference call with analysts last month. After the Company's loss from operations of $ 17,600,000 quarterly sales of $ 121,800,000.
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