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