Dov Charney news and archive

Dov Charney offers up factories for mask production

Disgraced former American Apparel CEO Dov Charney appears to be trying to rehabilitate his image. His latest attempt involves him offering up his factory for his new brand Los Angeles Apparel to produce masks to protect people from coronavirus. Charney says that his team of over 450 people will gladly manufacture masks and any medical products...

Business

Dov Charney owns 2.2 million dollars in legal fees

On Monday, a California judge declared that the law firm of Glaser Weil Fink Howard Avchen & Shapiro LLP did not commit any legal malpractice while representing Dov Charney, the former CEO of American Apparel, and that Charney must now pay them 2.2 million dollars in legal fees. The news was first reported by Law 360. Prior to Monday's hearing,...

Business

Dov Charney expects to surpass 20 million dollars in annual sales with new company

Nearly a year ago, former American Apparel founder Dov Charney started a new apparel company. Dubbed Los Angeles Apparel, it seems that his new venture is expected to do well. In August of last year, he told FashionUnited that he was in the development and research stage of a new company. Months later, the endeavor has been publicly confirmed as...

Business

Dov Charney considers overseas factories as American Apparel flounders without him

London - It seems as if Dov Charney’s predications that American Apparel would go down without him have come to bear fruit. The US apparel company filed for Chapter 11 for the second time in less than a year yesterday, as its new owners failed to succeed in turning the company around. The eccentric founder of Made in the USA fashion label...

BusinessFeatured

American Apparel files for Chapter 11 once more

London - American Apparel has voluntarily filed for Chapter 11 bankruptcy protection in the United States once more, less than a year after it emerged from its first filing under court protection. The second bankruptcy comes as American Apparel agrees to sell its its global intellectual property rights related to the brand and certain assets to...

BusinessFeatured

Dov Charney starts anew with innovative apparel company

Los Angeles - Since American Apparel LLC has been up for sale, it’s been a mystery as to who will make a bid on the Los Angeles-based company. Although it may be assumed that founder and former CEO Dov Charney would be interested, at the moment he’s got other things on his plate. Although he previously told FashionUnited that he would keep an “...

Fashion Featured

Timeline: The American Apparel saga continues with whispers of a sale

American Apparel has found itself under the spotlight once more, as news emerges that its new owners and former creditors have hired investment bank Houlihan Lokey to investigate options for a sale. A potential sale would come six months after the LA-based retailer exited its Chapter 11 Bankruptcy and kicked started its restructuring scheme,...

BusinessFeatured

American Apparel taps investment bank to explore sale options

London - Although the door may have closed on American Apparel bankruptcy the story continues on, as the retailer forges on with its restructure and reorganization plan. However, now things appeared to have taken a sudden twist (or perhaps not so sudden) as American Apparel is said to have hired investment bank Houlihan Lokey to explore options...

Business

American Apparel may recieve revised offer after rejecting 300 million dollars bid

Los Angeles – The fashion-forward retailer has been tumultuously busy with negotiations, offers, and proposals the last couple of months. Although the Los Angeles-based chain may not take their highest bid offer yet, American Apparel can expect to see a new bid soon in recent news. In deciding which offers to take, American Apparel has reached...

BusinessFeatured

Dov Charney hires investment firm for potential offer for American Apparel

London - As things continue to look bleak for struggling fashion retailer American Apparel, founder and former CEO and Chairman Dov Charney announced plans for a potential offer to save the company he founded in 1989. According to a statement Charney released on Friday, he is currently "exploring plans with investors and industry executives in...

BusinessFeatured

The 'big loser' of American Apparel's filing for Chapter 11 is Dov Charney

London - American Apparel has found its way into the media spotlight once more as news broke the troubled fashion retailer filed for bankruptcy protection on Monday. The fashion company, which filed for Chapter 11 in the US Bankruptcy Court in Delaware this morning, aims to reorganise its debt - a move set to hit the company's ousted founder,...

Fashion Featured

The truth of what American Apparel workers really think about their new CEO...

London - Arguably becoming the industry's most well-followed (and documented) soap opera, the relationship between American Apparel's CEO Paula Schneider and its workers has come to a head - her head on a piñata, which was smashed apart during a demonstration in front of the company's LA head office last week. As American Apparel struggles to...