American Apparel
A lot of people have attracted to the American Apparel brand thanks to their Made in the USA – Sweatshop-free” slogan. It was a great idea to make ethical shoppers support the LA-based brand. The company had been doing well on its feet until 2015, wherein they struggled to be back on track. Canadian company Gildan Activewear later bought the rights to the name and manufacturing equipment for $88 million in 2017. Had this not happened, American Apparel might not be around anymore.
American Apparel
7-Eleven
All the great companies that everyone knows of all started with a single person with a dream. This was also the case for 7-Eleven. In 1927, Jefferson Green had been a regular guy working at Southland Ice when he decided to improve his range of products. He started to offer bread, eggs, and milk as well. This proved to be an effective business model as his Dallas-based business continued to grow once more after renaming the company 7-Eleven. Decades later, the company is now a staple in American culture and the whole world. The company had a setback due to the 1987 financial crash, but the Japanese company “Ito-Yokado” saved the day for them.
7 Eleven
