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American Apparel

A collection of news and information related to American Apparel published by this site and its partners.

Top American Apparel Articles

Displaying items 23-33
  • For the record

    American Apparel: In the June 24 Business section, an article about ousted Chief Executive Dov Charney's efforts to regain his job at American Apparel Inc. cited the termination letter as saying that the premium on the company's employment liability...
  • Hedge fund to give American Apparel a lifeline

     Hedge fund to give American Apparel a lifeline
    American Apparel Inc. is getting a financial lifeline from its largest shareholders in an agreement that could leave founder Dov Charney out in the cold. The Los Angeles retailer has signed a deal that will bring in up to $25 million in cash from New...
  • American Apparel denies Charney's request for stockholder meeting

    American Apparel denies Charney's request for stockholder meeting
    American Apparel Inc. has refused to call a stockholder meeting requested by ousted Chief Executive Dov Charney and maneuvered to block him from retaking control of the company. The Los Angeles retailer said Monday that a shareholder meeting demanded...
  • American Apparel creditor demands loan repayment

    American Apparel creditor demands loan repayment
    Lion Capital has asked American Apparel to repay a $10 million loan four years early after the retailer ousted its founder and CEO Dov Charney on June 18, said a source close to the matter Friday. Allan Mayer, co-chairman of American Apparel's board,...
  • American Apparel moves to block Dov Charney from retaking control

    American Apparel moves to block Dov Charney from retaking control
    American Apparel Inc. has adopted a stockholder rights plan aimed at preventing ousted Chief Executive Dov Charney from seizing control of the company he founded. A special committee of the Los Angeles retailer's board made the move after Charney stated...
  • American Apparel CEO's playboy lifestyle overshadowed successes

    American Apparel's abrupt ouster of controversial Chief Executive Dov Charney may pitch the company into bankruptcy by triggering defaults on two outstanding loans, the retailer warned Thursday.  In an SEC filing, American Apparel said the board's...
  • American Apparel: Bad behavior, bad fashion

     American Apparel: Bad behavior, bad fashion
    Of the countless ways to feel old in your 40s, perhaps none is quite as perplexing as seeing a young person trendily decked out in 1980s-style garb and saying to yourself, "I can't believe that look is back in style. It was bad enough the first time...
  • American Apparel, ousted founder trade power plays

    American Apparel, ousted founder trade power plays
    The slugfest at American Apparel Inc. showed no signs of calming down as ousted Chief Executive Dov Charney increased his ownership stake and the retailer's board maneuvered to block him from retaking control. Charney revealed late Monday that he paid...
  • King Felipe VI, Queen Letizia ascend to Spanish throne

    King Felipe VI, Queen Letizia ascend to Spanish throne
    King Juan Carlos of Spain handed over the monarchy to his son on Thursday in a low-key "proclamation ceremony," followed by a procession through Madrid and an appearance by the new King Felipe VI, Queen Letizia and their two daughters on a balcony at...
  • Allan Mayer Named American Apparel Co-Chairman Following CEO's Ouster

    Veteran spin-master Allan Mayer has been named co-chairman of American Apparel following the ouster of the clothing company's founder Dov Charney. Charney was suspended as the company's chief on Wednesday, with the board announcing its intention to...
  • American Apparel says misconduct led to founder Dov Charney's ouster

    American Apparel says misconduct led to founder Dov Charney's ouster
    Dov Charney, the controversial chief executive of American Apparel, was ousted Wednesday by the company's board of directors, who said the action "grew out of an ongoing investigation into alleged misconduct." The board voted to replace Charney as...