Irving Place Capital

American Apparel Inc., set to emerge from bankruptcy this month, has received a takeover bid of more than $200 million from an investor working with ousted chief executive officer Dov Charney.

American Apparel Inc. founder Dov Charney’s attempt to return to the company moved a step closer after firms backing him made nonbinding offers to buy the bankrupt retailer.

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., which fired controversial founder Dov Charney as chief executive officer last month for alleged misconduct, strengthened rules to prevent sexual harassment among its employees.

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.