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Between 20% and 25% of the nation’s shopping malls will close in the next five years, according to a new report from Credit Suisse that predicts e-commerce will continue to pull shoppers away from bricks-and-mortar retailers. For many, the Wall Street firm’s finding may come as no surprise. Long-standing retailers are dying off as shoppers’ habits shift online. Credit Suisse expects apparel sales to represent 35% of all e-commerce by 2030, up from 17% today. Traditional mall anchors, such as Macy’s, J.C. Penney and Sears, have announced numerous store closings in recent months. Clothiers including American Apparel, Bebe and BCBG...

Los Angeles was once the epicenter of apparel manufacturing, attracting buyers from across the world to its clothing factories, sample rooms and design studios. But over the years, cheap overseas labor lured many apparel makers to outsource to foreign competitors in far-flung places such as China and Vietnam. Now, Los Angeles firms are facing another big hurdle — California's minimum wage hitting $15 an hour by 2022 — which could spur more garment makers to exit the state. Last week American Apparel, the biggest clothing maker in Los Angeles, said it might outsource the making of some garments to another...

Kellogg's Corn Pops The cereal business is not what is used to be, at least for products that are not considered "healthy." Among those is Kellogg's Corn Pops ready-to-eat cereal. Sales of the brand dropped 18% over the year that ended in April, down to $74 million. That puts it well behind brands like Cheerios and Frosted Flakes, each which have sales of over $200 million a year. Private label sales have also hurt sales of branded cereals. Revenues in this category were $637 million over the same April-end period. There is also profit margin pressure on Corn Pops because...

24/7 Wall St. has created a new list of brands that will disappear, which includes Sears (NASDAQ:SHLD), Sony Pictures (NYSE:SNE), American Apparel (NYSE:APP), Nokia (NYSE:NOK), Saab, A&W All-American Foods Restaurants, Soap Opera Digest, Sony Ericsson, MySpace (NYSE:NWS.A), and Kellogg’s Corn Pops. (NYSE:K).Each year, 24/7 Wall St. regularly compiles a list of brands that are going to disappear in the near-term. Last year’s list proved to be prescient in many instances, predicting the demise of T-Mobile among others. In late May, AT&T (NYSE:T) and Deutsch Telekom announced that AT&T would buy T-Mobile USA for $39 billion. The deal would add 34...

Insiders also tell the New York Post the naked pictures were allegedly posted on a blog purportedly belonging to Morales, and it's illegal in California to falsely impersonate others online. More woes for Charney: On Friday, a video of him dancing naked in front of two female employees surfaced.

American Apparel's clothing range and advertising has come under fire before, but for parents of teens, this feels like a step too far. Parental warning: this article contains a graphic image.

American Apparel, the Selma, Ala., based military clothing manufacturer closed one of its plants and continues to downsize others due to the loss of some of its contracts to FPI. According retired Air Force colonel and spokesman Kurt Wilson, the company laid off 255 employees and cut the hours of 190 employees this year alone. So private workers end up losing their jobs to prisoners.

Since when does serving up junk food give someone a license to preach? Politics and all things fried, fatty and fast are becoming intertwined to the point of absurdity. We’ve got the Papa John’s pizza guys weighing in on the health-care debate, while the burger slingers out west at In-N-Out can’t serve up a cheeseburger without a Bible verse. The craziness of fast-food commentary on social issues became obvious to me when I stumbled into a totally earnest discussion at a party last week by a bunch of Washingtonians who personally support the right to same-sex marriage, but are also...

WOES at clothing chain American Apparel deepened yesterday as it raised "substantial" doubt over its ability to continue as a going concern and warned it could breach a loan covenant, sending its shares down 22 per cent to a lifetime low. Fears mounted that the fashion retailer was on the brink of bankruptcy after it flagged up losses of as much as $7 million (£4.5m) for the three months to June, with debts amounting to $120.3m. This means it is likely to breach the terms of its agree ADVERTISEMENTment with its main lender, private equity firm Lion Capital, next month....

Activists yell during a protest in Washington, DC. Thousands of gay rights activists marched on Washington to call for homosexual rights, a day after President Barack Obama vowed to repeal a ban on gays serving openly in the US military. Doug Armstrong, 35, of Washington, left, blows bubbles at Arundhati Baden-Mayer Eidinger, 5, as she walks with her mother Alexis Baden-Mayer Eidinger, of Washington, center, during the National Equality March with thousands of gay rights advocates in Washington, Sunday, Oct. 11, 2009. Actress Cynthia Nixon speaks at the National Equality March in Washington, on Sunday, Oct. 11, 2009

Woody Allen has settled a suit he filed against trendy clothing company American Apparel, and the company will pay him $5 million for using his image in advertising, Reuters reports. "I am told the settlement of five million dollars I am being paid is the largest reported amount ever paid under the New York right to privacy law," Allen said outside Manhattan federal court where the case was supposed to be heard this morning. Allen claimed his reputation was damaged and the image was used without consent, while American Apparel founder Dov Charney told reporters the case was about "the...

It is too easy to make fun of the people who packed Room 400 in San Francisco's City Hall to stop American Apparel from opening a store on Valencia Street in the Mission District last week. They are not serious people. They live in a world where facts like 27 vacant storefronts on Valencia Street and 9.3 percent unemployment statewide and nearly 600,000 jobs lost nationally last month do not matter. The few who read books know no authors beyond Naomi Klein. [...] What they want is magic. The word "magic" kept recurring during the hours of public comment at...