End of an Era: American Apparel Lays Off Just About Everyone
Say goodbye to American Apparel. The company which was founded by Dov Charney is laying off just about everyone. The clothing brand was one of the few to actually employ Americans, having a factory in Los Angeles. More...
End of a Saga: American Apparel Sold In Auction to Gildan For $88 million bid, Report
American Apparel will be sold to Canadian manufacturer of branded clothing, Gildan Activewear, for $88 Million. Gildan was the high bidder Monday in a bankruptcy auction ordered by the court, Reuters More...
American Apparel Files For Bankruptcy — Again!
American Apparel, the clothing company founded by Dov Charney, is in bankruptcy for a second time in less than a year. The company filed for chapter 11 bankruptcy protection on Monday. The company More...
Dov Charney’s American Apparel Sinking Fast
American Apparel, the clothing company founded by Dov Charney, may be headed into bankruptcy — again. This just nine months after getting out of bankruptcy. Its stock is selling at all of $0.11 as More...
He’s not done: Dov Charney looking to return with new retail format
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 More...
Judge rejects Dov Charney’s $300 million bid to take back bankrupt American Apparel
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 More...
Charney makes emotional plea for his return to American Apparel
Dov Charney, the ousted chief executive of American Apparel, finally got his day in court Thursday after waiting for more than a year. Charney took the stand in a Delaware bankruptcy court and asked More...
It’s Official: Former American Apparel CEO Dov Charney & His Pals Offer $300 Million For The Company
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...
$200-million takeover bid would bring Dov Charney back to American Apparel
Troubled retailer American Apparel Inc. has received a takeover bid of more than $200 million from an investor — part of a plan that would return ousted Chief Executive Dov Charney back to the company, More...
Is American Apparel’s Ex-CEO plans to Return?
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 More...