Published On: Tue, Feb 2nd, 2016

He’s not done: Dov Charney looking to return with new retail format

dov_charney

 

American Apparel founder and ousted CEO is nothing if not determined.

Days after a bankruptcy court judge rejected a takeover proposal by Hagan Capital and Silver Creek Capital Partners that would have also returned Dov Charney to a leadership position at American Apparel, the controversial founder is reportedly already at work on his return to the retail scene.

“We are backing Dov on a new venture, ” said Chad Hagan, managing partner and group president of Hagan Capital Group, in a Bloomberg report.

The new concept sounds very similar to American Apparel.  Women’s Wear Daily described it as “a basics brand for men and women that will be manufactured entirely in the U.S. and will begin with a focus on developing the wholesale channel.”

“What’s important to us now is we’re able to form this new venture and put Dov at the helm and we’re going to do basics again, ” Hagan, told Women’s Wear Daily. “We don’t want to just start with some funny, online brand. We’re going to do what Dov does best and then establish a robust e-commerce system. But we will not be debuting just as an online retailer.”

This article was first published at Chain Store Age, by Marianne Wilson

 

READ MORE: Dov Charney

How Dov Charney Is at War With American Apparel Company He Created youtube

American Apparel founder Dov Charney has lost his last-ditch attempt to wrest back control of the bankrupt retailer he started in his Tufts University dorm room in 1989. Charney, who had been chief executive More…

How Dov Charney Is at War With American Apparel Company He Created youtube

Offer valuing American Apparel at $300 million is superior to the debtor’s plan of reorganization and is a win-win solution for the Company and all of its stakeholders Debtor’s plan is not feasible More…

dov-charney

Dov Charney, the ousted founder, Chairman and CEO of American Apparel, announced in a press release that he is in talks with potential investors about making a bid for the company. Mr. Charney said he More…

American Apparel Tried To Sexualize Staff With Black Friday Uniform

Clothing brand American Apparel is gearing up for the whirlwind that is Black Friday, however, they are facing some scrutiny for their specially-made employee shirts that make some disturbing implications. Their More…

Dov Charney

American Apparel files for bankruptcy, operations to continue Sales down in Australia amid global turmoil The company may shutter its Oak stores in LA and NY Ex-American Apparel boss Dov Charney lives in a Los More…

American Apparel CEO Paula Schneider

In a statement on Monday, American Apparel said that it had filed for Chapter 11 bankruptcy protection, and that it expected to complete a restructuring within roughly six months. The company added that More…

American Apparel Paula Schneider

American Apparel Could Go Out of Business Soon,  August 19th, 2015

The last two years has been hard on the clothing company American Apparel. Now CEO Paula Schneider Says its business and cash position have deteriorated so badly that it is not even sure it will be able to stay More…
Read more about: , , ,

Wordpress site Developed by Fixing WordPress Problems