American Apparel is having a big going-out-of-business sale that’s bittersweet since it means thousands of workers are losing their jobs. It also marks the end of an era filled with body suits, sparkly leggings and all the one-size-allegedly-fits-all crop tops one could want.
Employees of American Apparel are receiving their pink slips en masse as the retailer—which sold to Canadian company Gildan Activewear for $88 million in bankruptcy court last week—begins shutting down its factories and its 110 retail stores.
The charred remains of long-embattled retailer American Apparel were bought at auction for $88 million by Canada’s Gildan Activewear, which plans to close its 110 remaining U.S. stores and shutter its Los Angeles manufacturing facilities. At its height in 2007, American Apparel was valued at nearly $1 billion, and…
According to a new interview, Dov Charney, the disturbing, embattled daddy of American Apparel, is still working on a new brand of clothing under a temporary name: Los Angeles Apparel Company. See, it’s nothing like American Apparel!
After tunneling its way out of bankruptcy earlier this year, the still-struggling American Apparel is now reportedly seeking out an appropriate buyer.
Last week, American Apparel CEO Paula Schneider announced a round of layoffs as a part of a manufacturing “redesign” for the struggling company, which recently emerged from bankruptcy; she also hinted that the company may begin outsourcing the manufacturing of some garments to other parts of the country. This week,…
You might think that ousted American Apparel CEO Dov Charney would have grown tired of the courtroom by now, but you would be wrong!
If at first he doesn’t succeed, dust off former American Apparel CEO Dov Charney and give him a new clothing company that sounds exactly like his last one!
A bankruptcy court approved American Apparel’s plan for reorganization on Monday over a plan supported by Dov Charney, which would have put the former CEO and founder back in charge of the company. According to the LA Times, the ruling will take American Apparel private, leaving shareholders (most notably Charney)…
At a hearing that started Wednesday in a Delaware bankruptcy court and continued today, Dov Charney, the ousted CEO of American Apparel, has attempted to convince a judge to reject the company’s reorganization plan—a plan which would leave shareholders, including Charney, with nothing.
It’s a shitty Christmas indeed for American Apparel—for factory workers, and upper management, and ousted CEO/founder Dov Charney, and nearly everyone even remotely involved with this shuddering mess of a company.
Just two months after filing Chapter 11 bankruptcy, American Apparel is planning to close its very first retail store, which is located in the Echo Park area of Los Angeles. A listing on Loopnet shows rent for the 5,300-square-foot building as negotiable, but also mentions an asking rate of more than $29,000 a month.…
According to an anonymous source within the company, American Apparel has started scaling back up towards a sexier image—some aspects of which are making employees uncomfortable. Last week, the company asked retail workers to wear shirts that say “Ask Me to Take It All Off” this coming Black Friday. “American Apparel…
Dov Charney, American Apparel’s former CEO, is long past being down to his last $100K—although his resolve to win back the company is apparently undimmed, Charney can’t even afford legal representation.
Less than a year after controversial American Apparel CEO and founder Dov Charney was permanently booted from the company on charges of sexual harassment and misuse of company funds, his successor, Paula Schneider, has filed for Chapter 11 bankruptcy protection.
Despite a restructured leadership, several rounds of layoffs and store closings, and a marketing revamp, American Apparel continues to suffer extreme financial losses.
The latest in American Apparel’s retail struggle is that the company is shutting down several of its U.S. stores and laying people off as part of “cost-cutting measures.”
American Apparel has served its perennially bitter ex, former CEO/founder Dov Charney, with a temporary restraining order.
Getting a taste of his own medicine, ousted American Apparel founder Dov Charney is not going quietly: he’s filed a lawsuit against Standard General, the hedge fund that has a large presence on American Apparel’s Board of Directors and was directly responsible for Charney’s firing.
American Apparel’s new CEO Paula Schneider and chairwoman Colleen Brown are taking a new approach to the company’s well-known support of political and social issues. In the past, the clothing company addressed its stance on LGTBQ rights, fair labor practices and immigration reform through billboards and their infamous…
