American Apparel Said to Pay Interest as CEO Crisis Eases

American Apparel store | Source: Reuters

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.

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American Apparel Names Brubaker as Interim CEO

American Apparel store | Source: Shutterstock

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.

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American Apparel Names First Female Director in Board Shake-Up

American Apparel store | Source: American Apparel

LOS ANGELES, United States — American Apparel Inc., the controversial clothing chain that has battled sexual-harassment lawsuits, named the first woman to its board as part of a shake-up following the ouster of its founder last month.

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