American Apparel is to close some stores and cut jobs as it fights slumping sales. The Los Angeles-based clothing chain, which is embroiled in a legal battle with its former founder and CEO, Dov Charney, said it planned to slash $US30 million ($A40 million) in spending over the next 18 months. To get there, the company said in a statement on Monday that it would close “under-performing” retail locations, resulting in job losses, without providing details on numbers or locations. The
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