American Apparel
People were lured to American Apparel in part because of its motto, “Made in USA — Sweatshop-free.” Making ethical buyers support the LA brand was a brilliant concept. The firm was performing exceptionally well until 2015 when it began to struggle to get back on track. Gildan Activewear, a Canadian firm, salvaged it two years later by purchasing the rights to its name and production equipment for $88 million. We doubt that American Apparel would still be in business today if this had not occurred. The brand is still officially located in the Americas if you want to be precise about it.
American Apparel
7-Eleven
Every successful company in the world began with a single individual with a dream. This also applied to 7-Eleven. In 1927, Jefferson Green was a regular guy working at Southland Ice when he wanted to expand his product line. He began to include bread, eggs, and milk in his offerings. It proved to be a successful business strategy, and his Dallas-based company became even stronger after renaming it 7-Eleven after its shop hours. It has become ingrained in American society throughout the years. However, it had a difficult time during the 1987 financial crisis. This is when Ito-Yokado, a Japanese business, stepped in to assist it. It became a subsidiary of Seven & I Holdings as a result of this.
7 Eleven