American Apparel Inc., whose controversial founder was ousted last year for alleged misconduct, said the U.S. Securities and Exchange Commission has begun a probe into the company’s handling of the matter.
American Apparel Inc. delayed the filing of its annual financial report as it reworks a lending agreement to allow it to take on more debt provided by a hedge fund.
Irving Place, a private equity firm that approached the retailer about an acquisition last year, has grown uncertain about its proposed valuation after months of dealing with American Apparel.
American Apparel Inc. director Robert Mintz has resigned from the retailer’s board, according to two people familiar with the situation.
American Apparel Inc., which has been financially troubled for years, is seeking to expand its borrowing limits under an existing loan by bringing in new lenders.
American Apparel’s new CEO Paula Schneider wants to reign in the amount of skin on show in the brand’s advertising imagery.
American Apparel Inc., which fired controversial founder Dov Charney as chief executive officer last month for alleged misconduct, strengthened rules to prevent sexual harassment among its employees.
An American Apparel Inc. investor, Bigger Capital Fund, says the company hasn’t revealed enough information about the saga surrounding the ouster of founder Dov Charney and is demanding to see documents.
BoF compiles the most important professional moves of the week.
American Apparel Inc. founder Dov Charney, who was fired by the company this week, is working with private- equity firm Irving Place Capital on a bid to acquire the retailer.
American Apparel Inc. named retail-industry veteran Paula Schneider as its next chief executive officer and completed the termination of founder Dov Charney, who was initially removed from the CEO job in June for misconduct.
American Apparel Inc., which has been without a permanent chief executive officer since June, posted a wider quarterly loss after the clothing chain’s sales fell the most in almost four years.