The clothes retailer that courted controversy with sexualised advertising and allegations of impropriety against its founder may go bankrupt within months

It has weathered storms of controversy over sexy adverts that bordered on porn and accusations that its flamboyant founder sexually harassed his young employees, but in the end money, not sex, has proved the undoing of American Apparel. Unable to ride out a terminal collapse in sales the company warned this week it may go bankrupt within months.

Related: American Apparel granted a restraining order against founder Dov Charney

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Source: The Guardian Circular Economy RSS