Pedestrians walk past an American Apparel sign outside one of their stores in New York
Pedestrians walk past an American Apparel sign outside one of their stores in New York April 1, 2011. Clothing chain American Apparel, known for racy advertising and its founder's legal problems, may file for bankruptcy if it does not get enough money to keep running, and might even have to liquidate, the company said. REUTERS/Lucas Jackson (UNITED STATES - Tags: SOCIETY BUSINESS)