American Apparel LLC has lined up a buyer for one of its Southern California manufacturing plants, a deal which could potentially save more than 330 jobs, a company lawyer for American Apparel said, the Wall Street Journal reported today. The bankrupt retailer has reached a preliminary deal to sell its Garden Grove, Calif., facilities to Broncs Inc., American Apparel lawyer Carl Black said at a hearing in U.S. Bankruptcy Court in Wilmington, Del. The deal, which has yet to close, could be valued at somewhere between $200,000 and $250,000, said Black, of the Jones Day law firm.
