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.
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.
American Apparel Inc., which was threatened with default after the ouster of Chief Executive Officer Dov Charney in June, plans to take another step toward stability today by paying interest on its bonds, according to people familiar with the situation.
American Apparel Inc’s board is increasingly open to letting its ousted founder, Dov Charney, stay at the company.
American Apparel Inc., the struggling clothing chain, named Scott Brubaker as its interim chief executive officer, replacing Chief Financial Officer John Luttrell, who had assumed the position temporarily after the ouster of company founder Dov Charney.
American Apparel Inc. investor Lion Capital LLP plans to exercise its right to name a board member to the troubled retailer, according to a person familiar with the situation.