Disgraced former American Apparel CEO Dov Charney appears to be trying to rehabilitate his image. His latest attempt involves him offering up his factory for his new brand Los Angeles Apparel to produce masks to protect people from coronavirus. Charney says that his team of over 450 people will gladly manufacture masks and any medical products...
16 Mar 2020
London - American Apparel has voluntarily filed for Chapter 11 bankruptcy protection in the United States once more, less than a year after it emerged from its first filing under court protection. The second bankruptcy comes as American Apparel agrees to sell its its global intellectual property rights related to the brand and certain assets to...
14 Nov 2016
American Apparel has found itself under the spotlight once more, as news emerges that its new owners and former creditors have hired investment bank Houlihan Lokey to investigate options for a sale. A potential sale would come six months after the LA-based retailer exited its Chapter 11 Bankruptcy and kicked started its restructuring scheme,...
18 Aug 2016
London - Although the door may have closed on American Apparel bankruptcy the story continues on, as the retailer forges on with its restructure and reorganization plan. However, now things appeared to have taken a sudden twist (or perhaps not so sudden) as American Apparel is said to have hired investment bank Houlihan Lokey to explore options...
Los Angeles – The fashion-forward retailer has been tumultuously busy with negotiations, offers, and proposals the last couple of months. Although the Los Angeles-based chain may not take their highest bid offer yet, American Apparel can expect to see a new bid soon in recent news. In deciding which offers to take, American Apparel has reached...
17 Jan 2016
New York - Has Dov Charney finally found his way back into the company he's held so near and dear to his heart? The latest chapter in the saga that is the fall of American Apparel now includes a 300 million dollar bid that could land him back at the company. Hagan Capital Group and Silver Creek Capital Partners announced today that they have...
11 Jan 2016
London - As things continue to look bleak for struggling fashion retailer American Apparel, founder and former CEO and Chairman Dov Charney announced plans for a potential offer to save the company he founded in 1989. According to a statement Charney released on Friday, he is currently "exploring plans with investors and industry executives in...
7 Dec 2015
London - American Apparel has found its way into the media spotlight once more as news broke the troubled fashion retailer filed for bankruptcy protection on Monday. The fashion company, which filed for Chapter 11 in the US Bankruptcy Court in Delaware this morning, aims to reorganise its debt - a move set to hit the company's ousted founder,...
5 Oct 2015
London - Arguably becoming the industry's most well-followed (and documented) soap opera, the relationship between American Apparel's CEO Paula Schneider and its workers has come to a head - her head on a piñata, which was smashed apart during a demonstration in front of the company's LA head office last week. As American Apparel struggles to...
27 Aug 2015
If financial figures are anything to go by, American Apparel is on a downward trajectory from which there may be no turning back. The once beloved retailer known for its basic tees and tongue-in-cheek advertising no longer has enough reserves to keep operating for the next 12 months. On the verge of bankruptcy Worse, last week the Los...
20 Aug 2015
American Apparel just can’t seem to catch a break. Between the controversy with former CEO Dov Charney, and the recent firing of Iris Alonzo, the brand has begun to redefine the term “roll with the punches.” CEO Paula Schneider will soon announce that 180 jobs will be eliminated in her effort to turn around the struggling retailer, who...
3 Apr 2015
Take the news as you may, but, American Apparel has fired creative director Iris Alonzo again. The former creative director who worked under founder Dov Charney for more than ten years made a very bad name for herself when she supported him in the press after he was accused of sexual harassment. Standing by her former boss’s side clearly has...
23 Feb 2015
