American Apparel files for bankruptcy protection
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 More...
American Apparel Could Go Out of Business Soon
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 More...
American Apparel tells shareholders they may lose their shirts by Phil Wahba
The clothing retailer warned investors they could lose everything if it is unable to raise more money and American Apparel reported another quarter of big losses. American Apparel’s cash problems keep More...
American Apparel investor Standard General sues Dov Charney
Hedge fund Standard General has sued American Apparel’s ousted Chief Executive Dov Charney for the first time, the latest move in a bitter legal saga that began after he was fired in December. American More...
American Apparel closing stores, laying off workers
American Apparel said the $30 million in cost cutting will take place over the next 18 months. The Los Angeles-based retailer did not say how many of its 239 stores would be shuttered or how many its 10, 000 More...
Life After Dov: Meet the Woman Orchestrating American Apparel’s Comeback
The Changes at American Apparel are evident as soon as you step in a room with Paula Schneider, the company’s new CEO. Five minutes into our conversation we’re discussing the finer points More...
American Apparel: Fewer Sexy Ads — More Socially Concious
– – American Apparel released a document to its investors this week which describes in detail the company’s new vision for its future. It includes cutting back on the racy ads that it had become More...
Dov Charney Gets Gagged
– – American Apparel has won a victory in the latest round of legal battles between the company and its enigmatic former CEO Dov Charney. A judge has issued a temporary restraining order which prohibits More...
Dov Charney and American Apparel Are Suing One Another — Again
– – Dov Charney and his former firm American Apparel are trading law suits. Charney was the one who fired the first shot in this round of fighting between the two. Will this high profile divorce More...
Open Letter from Morris, Dov Cherney’s Father: A Plea for Justice in the case of American Apparel
A PLEA FOR JUSTICE IN THE CASE OF AMERICAN APPAREL/ IT ISN’T ALL ABOUT SEXUAL HARASSEMENT/IT IS MORE ABOUT MONEY, GREED AND DECEIT A terrible social injustice is being done. I was the oldest [the first] More...