Tag: charney
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American Apparel hires investment bank to explore sale: sources
The sale process comes just six months after American Apparel emerged from Chapter 11 bankruptcy, following the public ouster of its controversial founder and chief executive officer, Dov Charney, and a string of losses that the company has struggled to reverse. “As we have regularly communicated to employees, vendors and customers, we continuously evaluate strategic…
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Dov Charney to launch new fashion brand
The brand, which will focus on basics for men and women and be entirely US based, sounds remarkably similar to American Apparel, from which Charney was fired in 2014. “What's important to us now is we're able to form this new venture and put Dov at the helm and we're going to do basics again,”…