Dov Charney news and archive

Los Angeles Apparel opens debut flagship store in SoHo, New York City

Los Angeles Apparel, the apparel manufacturer and retailer from American Apparel founder and ex CEO Dov Charney, has opened its first flagship store in New York City. KPG Funds, the New York-based owner and developer of office buildings, has announced that the LA-based fashion manufacturer signed a new lease agreement for its debut New York City...

Member

Business

Dov Charney offers up factories for mask production

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...

FeaturedMember

Business

American Apparel files for Chapter 11 once more

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...

Featured

Fashion

Timeline: The American Apparel saga continues with whispers of a sale

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,...

FeaturedMember

Business

American Apparel taps investment bank to explore sale options

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...

Member

Business

American Apparel may recieve revised offer after rejecting 300 million dollars bid

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...

FeaturedMember

Business

American Apparel could be bought for 300 million dollars

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...

FeaturedMember

Business

Dov Charney hires investment firm for potential offer for American Apparel

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...

FeaturedMember

Business

The 'big loser' of American Apparel's filing for Chapter 11 is Dov Charney

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,...

FeaturedMember

Fashion

The truth of what American Apparel workers really think about their new CEO...

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...

Featured

Fashion |OPINION

American Apparel: What goes around, comes around?

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...

FeaturedMember

Business

American Apparel announces 180 layoffs

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...