The ongoing saga of the fate of American Apparel continues, this time with former CEO Dov Charney suing Standard General LP, controllers of the brand, of false claims that he was fired based on an independent investigation by an outside law firm. According to Charney, it’s a “sham.” According to the complaint filed at the […]
This has been the apparel saga of the decade as the bumpy ride of American Apparel, a teen retail favorite with more than 230 stories that revolutionized the concept of first-layer fashion and more, finally announced on Sunday, October 4, 2015 that they were filing for Chapter 11 bankruptcy. In their statement, $90 million in […]
More changes once again have been announced from American Apparel, as today, April 7, 2015, it was announced that Joseph Pickman, formerly from the Band of Outsiders, has been chosen by CEO Paula Schneider to head-up the men’s design team. If any of his new designs look like Band of Outsiders, we can expect some […]
Former CEO and founder of American Apparel, Dov Charney has officially been fired by the Board of Directors as of Tuesday, December 16, 2014. The board said he was terminated “for cause in accordance with the terms of his employment agreement.” Paula Schneider will take over as CEO in January 5, 2015. We’re pleased that […]
Former CEO and founder of American Apparel, Dov Charney has new strategies towards getting his brand back after being ousted by his board on June 18, 2014. First, just 2 weeks after getting pushed out, Charney borrowed $20 million from Standard General to move his ownership from 27% to 43%. At the time, Randy Katz, […]
On Wednesday, June 18, 2014, Dov Charney, the out-spoken founder and CEO of American Apparel, was ousted by his board of directors. The reason was because of the ongoing investigations of misconduct towards women. “This is not easy, but we felt the need to do what we did for the sake of the company,” Allan […]
American Apparel remains a leader when it comes to youth culture preferences and as it continues to move into various style categories beyond its roots of T-shirts and first layer pieces, consumers are moving along right with the brand. On February 7, 2013, the vertically integrated brand based in downtown Los Angeles reported a comparable […]
While American Apparel has had its serious ups and downs, it’s still known as a company that’s changed the face of the “blanks” fashion apparel, moving from T-shirts made in downtown Los Angeles, to an enormous array of styles from bikinis to skirts, jackets, and leggings. Now, the $600 million dollar brand and it’s vertically […]