Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.
American Apparel may have Kylie Jenner's blessing, but the New York Stock Exchange is not impressed. Following its bankruptcy filing earlier this month, the LA-based company's stock will be removed from the NYSE November 6th, reports WWD.
The trade pub notes that trading of the basics brand's shares have been suspended since the filing; our sister site in New York also reveals that American Apparel has already shuttered a boutique in Manhattan, and a SoHo shop is next on the chopping block. No word yet on any possible LA store closings—shoot us a note on our tipline if your local AA shop looks dunzo.