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...
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 and Former CEO Dov Charney Settle
American Apparel and Dov Charney have settled their disagreements, several months after the latter was fired, Apparel News reported. A torrent of sexual harassment, assault and battery lawsuits against More...
Can Paula Schneider Work her Magic at American Apparel?
Paula Schneider, who has been a retail turnaround artist at Warnaco and Big Strike, is likely to work her magic as new CEO of American Apparel after Dov Charney was finally ousted after a period of scandal More...
American Apparel Overhauls Ethics Code Amid Push to Leave Scandal Behind
American Apparel Inc., which fired controversial founder Dov Charney as chief executive officer last month for alleged misconduct, strengthened rules to prevent sexual harassment among its employees, More...
Dov Charney is No White Knight for American Apparel, Report Says
Clothing retailer American Apparel just fired former CEO Dov Charney. But rumor has it he’s trying to buy back the company he founded. This situation might look similar to instances in which other CEOs More...
Lion Capital sends letter to American Apparel urging it to explore options: source
– The board of American Apparel Inc has received a letter from British buyout firm Lion Capital, pushing it to explore strategic options include a sale, a source familiar with the situation said on More...
Good Bye, Mr. Charney – American Apparel Appoints Colleen Brown as Chairperson
American Apparel, a vertically-integrated manufacturer, distributor, and retailer of branded apparel based in downtown Los Angeles, California, has appointed Colleen Brown has the new chairperson of More...
Clothing Retailer American Apparel Mulls Offer from Potential Buyer
American Apparel, the retail chain that ousted its controversial founder last week, said a buyer has expressed interest in acquiring the company for as much as $1.40 a share, confirming reports that have More...