American Apparel is on the block and is in the midst of seeking a buyer for the firm, having hired Los Angeles investment bank Houlihan Lokey in that effort, Retail Dive reported. The outlet, sourcing Los Angeles Times, stated that the firm has seen a...
Dov Charney is nothing if not a memorable character on the retail landscape. The controversial and colorful former CEO of American Apparel both oversaw its meteoric rise from t-shirt business to fashion empire and its crashing fall into bankruptcy. He’s looking to get back in...
Dov Charney’s plan to return to the fold of the company he founded has been blocked by American Apparel. Los Angeles Times recently reported that the board of American Apparel Inc. has rejected a $300 million buyout plan from investors that supported Charney. The outlet...
American Apparel Founder Dov Charney might be out as CEO, but a group of potential investors in the company appears to have his back. Chain Store Age reported yesterday (Jan. 11) that an investor group comprised of Hagan Capital Group and Silver Creek Capital Partners...
January 16, 2020
After two bankruptcies and a messy controversy regarding its founder, American Apparel is trying to make a comeback, according to CNBC. American Apparel went bankrupt two separate times, in 2015 and 2016. Part of that was also due to the slowing-down of brick-and-mortar stores in the mid-2010s, as online retailers like Amazon rose to prominence. […]
January 19, 2016
Dov Charney’s plan to return to the fold of the company he founded has been blocked by American Apparel. Los Angeles Times recently reported that the board of American Apparel...
January 12, 2016
American Apparel Founder Dov Charney might be out as CEO, but a group of potential investors in the company appears to have his back. Chain Store Age reported yesterday (Jan....
