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How The Founder And CEO Of American Apparel Went From Mega-Mogul To Sleeping On Friend's Couch

2014-12-22 23:49:34| Apparel - Topix.net

American Apparel founder Dov Charney has gone from running a company worth more than $200 million to sleeping on a friend's couch within the past six months. Charney, who was officially terminated from his consulting role at American Apparel last week, told Trish Regan at Bloomberg TV that he is down to his last $100,000.

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At Los Angelesa American Apparel, Dov Charney out, buyout offer in

2014-12-22 21:39:43| Apparel - Topix.net

Los Angeles-based American Apparel, which just replaced founder and chief executive Dov Charney, announced today that it received a buyout offer for $1.30 to $1.40 per share. An offer of $1.40 per share is roughly 30 percent higher than Friday's closing price.

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American Apparel adopts another 'poison pill'

2014-12-22 12:56:00| Daily apparel & textile news and comment - from just-style.com

US retailer American Apparel has adopted a so-called 'poison pill' stockholder rights plan - its second this year - which the company says is designed to strengthen the ability of the board to protect its shareholders.

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American Apparel adopts new stockholder rights plan

2014-12-22 10:20:53| Apparel - Topix.net

Struggling retailer American Apparel Inc said it has adopted a new, one-year stockholder rights plan with a 10 percent trigger. "The board implemented the rights plan as an additional means to ensure that all American Apparel stockholders are treated fairly," the Los Angeles-based retailer said in a statement late on Sunday.

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Ousted American Apparel CEO Dov Charney cut his teeth in South Carolina textile belt

2014-12-21 17:47:29| Apparel - Topix.net

Dov Charney's colorful and controversial rise at American Apparel ended in Southern California last week, when the clothing maker and retailer cut ties for good with its estranged and eccentric founder. It was a journey some 25 years in the making that took Charney from eastern Canada to the fading South Carolina textile belt to the bright lights of L.A. The ride included a stop in Charleston that he'd probably rather forget.

Tags: south american cut apparel

 

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