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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
  • American Apparel lender demands its $10 million back

    American Apparel lender demands its $10 million back
    American Apparel Inc. lender Lion Capital reportedly is demanding full repayment of its $10-million loan after negotiations between the two sides failed. The Los Angeles retailer has been in discussions with London company  Lion Capital following the...
  • American Apparel shareholder sues Charney, board members

    American Apparel shareholder sues Charney, board members
    An American Apparel shareholder is suing Dov Charney and the remaining six members of the American Apparel board, alleging breach of fiduciary duties to the company and shareholders. The lawsuit, filed in federal court in Los Angeles on Monday,...
  • American Apparel lender issues default notice on $10-million loan

    American Apparel lender issues default notice on $10-million loan
    American Apparel Inc. said Tuesday it had received a default notice on a nearly $10-million loan from lender Lion Capital. The Los Angeles retailer said Lion Capital formally demanded repayment on Monday and told the retailer that the ouster of Dov...
  • In social media, there are no excuses

    In social media, there are no excuses
    Over the Fourth of July holiday weekend, a photo of the 1986 space shuttle Challenger explosion was mistaken for fireworks and posted to American Apparel's Tumblr. Ouch. That's bad. But then came the company apology. "The image was re-blogged in error...
  • American Apparel lender Lion Capital demands $10-million loan be paid

    American Apparel lender Lion Capital demands $10-million loan be paid
    The wealthy playboy behind American Apparel Inc.'s latest crisis isn't ousted Chief Executive Dov Charney. It's a London financier named Lyndon Lea. American Apparel told securities regulators Tuesday that Lea's private equity firm, Lion Capital, has...
  • American Apparel deal keeps Dov Charney on as consultant - for now

    American Apparel deal keeps Dov Charney on as consultant - for now
    After weeks of turmoil following the ouster of Chief Executive Dov Charney, American Apparel Inc. has staved off potential financial ruin by reaching a deal with its largest shareholders that will bring a welcome infusion of cash and also keep its...
  • For the record

    American Apparel: An article in the July 9 Business section about American Apparel Inc. lender Lion Capital demanding repayment of a $10-million loan to the Los Angeles retailer quoted investment banker Lloyd Greif as saying that Lion makes "controlled...
  • 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...
  • Prince William goes swimming in snorkeling gear

    Prince William goes swimming in snorkeling gear
    Here's Prince William, the Duke of Cambridge, as we don't usually see him: in snorkeling gear, as he was inaugurated as president of the British Sub-Aqua Club on Wednesday. [The Cut] The Emmy Awards nominations were announced Thursday morning, with...
  • Dov Charney goes from CEO to paid consultant in American Apparel truce

    Dov Charney goes from CEO to paid consultant in American Apparel truce
    In just three weeks, Dov Charney went from chief executive of American Apparel Inc. to a paid consultant who is forbidden from accessing the company's computer systems. He now has no supervisory authority over the Los Angeles retailer's workers, and...
  • American Apparel saga: Why did it take so long to sack Dov Charney?

    American Apparel saga: Why did it take so long to sack Dov Charney?
    The American Apparel story is a saga of sleazy behavior and flagrant dereliction of duty. No, we're not talking about the Los Angeles company's founder, chairman and CEO, Dov Charney, though he's bad enough. We're talking about its board of directors....