Iconic Brands Born American But Now Owned by Foreigners

American Apparel

In 1989, Dov Charney launched American Apparel in Los Angeles. Charney was fired in 2014 amid sexual harassment claims. It went bankrupt in 2016 and closed every store. Canadian company Gildan purchased the retailer in 2017 for $88 million. Gildan converted American Apparel into an online company. It maintains one brick-and-mortar store in Los Angeles.

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Cryptocurrency Will Shine Through the Coming Chaos

While the U.S. spends and spends and spends its way into oblivion, the eventual result will be inflation. Serious inflation. The dollar will crash, gold will shoot higher and Bitcoin, well, it can only become more scarce and more valuable. There’s a natural ceiling to the number of Bitcoins that will exist — ever. By design, there can only be 21 million of them. Soon, the ceiling will be hit. Now is the moment to get into cryptocurrency. There’s a been a rise of late, but prices are consolidating, setting up for the next leap higher. Grab Keene Little's widely followed cryptocurrency newsletter, Crypto Wealth Protocol completely risk free.
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