Photographer: Ramin Talaie/Bloomberg

Aeropostale Files for Bankruptcy, Seeks Probe of Lender

  • Changing tastes, fast-fashion rivals prove too much for chain
  • Company asks to examine alleged abuse by lender Sycamore

Aeropostale Inc. filed for bankruptcy and asked for court permission to investigate lender Sycamore Partners, saying the private equity firm used a supplier it controlled to drive the teen-clothing chain into Chapter 11.

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