Bankrupt American Apparel Turns To Same Hedge Fund That Helped RadioShack

At first glance, American Apparel and RadioShack don’t seem to have much in common: one uses provocative advertisements to sell leggings, T-shirts and other clothing items, while the other focuses more on the sale of wireless and electronic products. Unfortunately, the things the two companies do have in common aren’t so great: both have suffered through years of slumping sales that eventually led them to, separately, file for bankruptcy protection. And that means they could soon share a common hero in hedge fund Standard General.  [More]

American Apparel Files For Bankruptcy Protection

American Apparel Files For Bankruptcy Protection

Two months after American Apparel admitted it didn’t have enough financing to continue operations for another year, the retailer says things haven’t gotten better and it’s filed for Chapter 11 bankruptcy.  [More]

(Michael Kalus)

American Apparel Outlines Graphic Allegations Against Founder Dov Charney In Recent Court Filings

After getting fired from American Apparel in December for “alleged misconduct and violations of company policy,” former CEO and founder Dov Charney is not going down without a fight. The company is now responding to a recent slew of defamations lawsuits he’s filed against it, outlining some pretty graphic allegations in recent court filings. [More]


American Apparel Founder Dov Charney Under Investigation By SEC

Any hope founder of American Apparel Dov Charney had of returning to the company may have gone out the window this week, after it was revealed that the Securities and Exchange Commission opened an inquiry into the circumstances leading to his departure. [More]


American Apparel Employees File Complaints Against Company For Alleged Intimidation, Silencing Tactics

It has not been an easy road for American Apparel after firing founder and former CEO Dov Charney last year: Charney announced in December that he’s trying to plan a comeback, and now two complaints filed by workers allege that the company is intimidating its workers and trying to keep them from talking to the media about the company’s troubles. [More]

(Michael Kalus)

American Apparel Confirms Ousted Founder Dov Charney Trying To Return Via Takeover

Just a week after American Apparel officially bid adieu to its founder Dov Charney after a six-month suspension, the company confirmed it has been approached with a takeover offer that would reinstate the disgraced official.  [More]

(Spidra Webster)

American Apparel Officially Fires Founder Dov Charney After 6-Month Suspension

After removing CEO Dov Charney from his post back in June, American Apparel says it’s officially finished with the company founder. After investigating Charney for “alleged misconduct and violations of company policy,” the company said “it would not be appropriate for Mr. Charney to be reinstated as CEO or an officer or employee.” [More]

(Michelle Rick)

American Apparel CEO Fired For Allowing Public Shaming Of Employees, Generally Being A Jerk

Last week, the board of American Apparel fired the company’s founder and CEO Dov Charney under the vague cloud of “misconduct,” leading some to wonder if any of the numerous sexual harassment claims made against the controversial businessman had been proven true. But the board’s explanation for his dismissal seems to indicate that the company just got sick of him being a jerk who costs them a lot of money. [More]

Whoever this is, he's dancing.

Report: Video Shows Ousted American Apparel CEO Dancing Naked In Front Of Employees

It would be easy to say it’s been a tough week for American Apparel founder and former CEO Dov Charney, but let’s be serious: Getting the boot from your company’s board and then dealing with a video that allegedly shows you dancing around with your private bits out in full view of alleged employees… well, that’s more than a tough week. You know, on top of a plethora of past sexual harassment lawsuits and a reputation for bawdy, bad behavior and near-bankruptcy. [More]

American Apparel Founder Dov Charney Vows To Fight To Keep His Job

(Tom Simpson)

American Apparel founder and CEO Dov Charney is the cockroach of the U.S. garment industry; reviled by many but seemingly impossible to get rid of. He’s weathered numerous sexual harassment lawsuits and countless stories of obnoxious behavior, all while occasionally teetering on the verge of bankruptcy. Most other CEOs would have been shown the door long ago, but not Charney. That is until yesterday, when the American Apparel board unanimously voted to remove the divisive figure. [More]

American Apparel Isn't Doing Too Well

American Apparel Isn't Doing Too Well

It’s been a while since we’ve had a good bankruptcy rumor floating around. Jezebel says thong superstore American Apparel is just asking for it: “[The retailer] has experienced declining year-on-year same-store sales in every month for which the company has made records available since February, 2009.” [More]

American Apparel's Dov Charney: A Lawbreaker Back In 1987?

American Apparel's Dov Charney: A Lawbreaker Back In 1987?

The next time you zipper yourself into that gold spandex unitard, beware, law-abiding consumer — it was created by a man that could be considered a downright criminal in Toronto! That’s right, beyond the legal troubles already surrounding American Apparel founder Dov Charney — you know, the sexual harassment lawsuits and whatnot — there’s more. [More]

American Apparel Sells Out

American Apparel Sells Out

Privately-held American Apparel will sell itself to a small investment firm for $382.5 million. NYT reports,