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Aeropostale filed for Chapter 11 bankruptcy protection

Staff writer |
Struggling teen apparel retailer Aeropostale filed for Chapter 11 bankruptcy protection, succumbing to years of losses as shoppers thronged fast fashion retailers and competitors.

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The mall-based retailer listed assets in the range of $100 million to $500 million, and liabilities of between $100 million and $500 million, according to a court filing.

The New York Stock Exchange suspended trading and delisted Aeropostale shares on April 21.

The case is in U.S. Bankruptcy Court, District of New York.

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