American Apparel
People were lured to American Apparel in part because of its tagline, “Made in the USA — Sweatshop-free.” Making ethical customers support the LA brand was a brilliant concept. The company was performing exceptionally well until 2015 when it began to struggle to get back on track. Gildan Activewear, a Canadian corporation, saved 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 based in the Americas if you want to be literal about it.
American Apparel
7-Eleven
Every great company in the world began with a single person 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 concept, and his Dallas-based company grew even stronger after renaming it 7-Eleven after its retail hours. It has become ingrained in American culture throughout the years. However, it had a tough time during the 1987 financial crisis. This is when Ito-Yokado, a Japanese corporation, stepped in to assist it. It became a subsidiary of Seven & I Holdings as a result of this.
7 Eleven