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, No. 338 in the Internet Retailer 2016 Top 500 Guide with an Internet Retailer-estimated $62.1 million in online sales in 2015, 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.
