dov charney Page 2
10 Important Things We Learned Last Week: March 27-April 2
This week Scott Schuman and Britney Spears got in trouble, Dolce & Gabbana got out of trouble, and Jessica Simpson just got paid. Christian Siriano and Rachel Zoe made headlines, too. Also, Legos!
Guess How Much Money American Apparel Lost In 2010?
How many sentences have we written lately that begin with the words “As if Dov Charney didn’t have enough to worry about already …”? Well, as if Dov Charney didn’t have enough to worry about already, it was reported this morning that the clothing company he founded, American Apparel, ended 2010 on a really bad financial note. How bad? Let’s just say in a year, it lost more money than we’ll ever actually see in our lifetimes.
Dov Charney Buys A Little More Of His Own Company
Over the weekend, American Apparel founder Dov Charney gave his flailing clothing company a much needed shot in the arm by way of trading a couple million dollars for a few million shares of stock. Because he’s totally not going to need that money for anything else.
Will Wholesale Save The Floundering American Apparel?
American Apparel has been in trouble for some time now (and we’re not just talking about those sexual abuse allegations which, as of today, just got about four times worse). The business side of things keeps looking more and more dismal. The debt, the delisting scare, the management changes — it’s all just really messy. Looking to stay afloat, the company is now going to give wholesaling a try.
4 More Women Sue Dov Charney For Sexual Abuse
When it rains on Dov Charney, it pours. Not long after a former American Apparel employee sued the company’s CEO for forcing her to be his personal sex slave, four more women have banded together to sue Charney for the very same offense.
Dov Charney’s Accuser Thought His Abuse Was ‘Normal’
Dov Charney accuser Irene Morales went on The Today Show this morning to discuss her sexual abuse case that is currently on hold. Morales is seeking $250 million in damages from the American Apparel head honcho, who she claims psychologically and sexually abused her as teenager.
10 Important Things We Learned Last Week: March 6-12
This week, Kanye encountered some Fashion Week mishaps, Kate Middleton and McQueen seemed like a match made in heaven and Kate Moss got wild. Also, Anna Wintour wore ugly boots and John Galliano continued to make headlines.
Judge Halts Dov Charney’s Sex Slave Lawsuit
A judge in Brooklyn put a temporary halt on the $250 million sexual abuse lawsuit brought against American Apparel founder Dov Charney this week. The judge also ordered a hearing to determine whether or not the case should be tried in court at all.
Dov Charney Sued For Using Teen Employee As Sex Slave
A former American Apparel employee is suing the company’s founder Dov Charney for $250 million, alleging that he psychologically abused her as a teenager and then forced her to have sex with him the day she turned 18.
American Apparel’s Largest Investor Sells Big Chunk Of Shares
One of American Apparel‘s biggest investors has made a move that brought the value of the company’s already low-priced stock even lower Reuters reports that billionaire investor Ron Burkle has sold almost two percent of the 6 percent stake he owned in the company.
American Apparel Employee Blasts Dov Charney In Exit Letter
We’ve made our own issues with American Apparel clear (their advertising, CEO Dov Charney‘s questionable behavior with regards to his female employees), but the following letter from an exiting employee takes the cake.
Finances Dwindling, American Apparel Resorts To Crack
American Apparel CEO Dov Charney owns a majority stake in a company that’s been in the throes of death for months. But instead of allowing an investment firm to buy a stake in his business that could potentially save it, he’s just going to wait it out until things get better. He’s also putting out ads that clearly show the crack of a woman’s ass. Because those are totally going to save his business.
How Did Dov Charney Get A $1.1 Million Bonus?
We kinda thought that to earn their yearly bonuses, most people had to work really hard and do really great jobs. Apparently that logic doesn’t apply if you’re American Apparel CEO Dov Charney.
American Apparel’s New Prez Has Been Bankrupt Before
Dov Charney‘s American Apparel has seen a lifetime’s worth of financial troubles over the past several months, but now, with the help of a new president, it’s trying to make sure its future is as bright as its annoyingly shiny high-waist leggings. And it’s hoping to get better with the help of a guy who just left a bankrupt company.
American Apparel Debuts New Ad Titled, ‘In Bed With The Boss’
American Apparel may have caught a break from Lion Capital, the investment firm that hold the loan on about $80 million worth of the company’s debt, but Dov Charney doesn’t seem to be doing much with it. Instead, Charney seems content to keep with American Apparel’s status quo, which is to say: in house advertising that’s supposed to be edgy and indie but instead is wearing seriously thin.
American Apparel Catches A Break, Gets New Executives
After the long, drawn-out saga of American Apparel‘s financial woes this summer, we thought for sure the company would be under by the end of New York Fashion Week. But thanks to a little faith from its lender, the company can now keep the doors of it’s LA factory open a little bit longer.
American Apparel Gets A Bad Letter From The NYSE
American Apparel said Monday it received notice that it was in danger of being delisted from the American Stock Exchange.
Dov Charney Denies Company’s Financial Problems
Let’s be honest: American Apparel is, in all likelihood, going under. Basically, the only person who doesn’t know what’s going on appears to be Dov Charney himself. In an absolutely ridiculous interview with WWD, Charney “vigorously” denied that the company is in any trouble.
American Apparel Is $120 Million In Debt
American Apparel anticipates it will report a substantial loss of income for 2010′s second quarter, one of many problems that may lead the company to lose “liquidity necessary to sustain operations for the next twelve months,” both MarketWatch and WWD report — which, if you need a layman’s translation — means things are not looking good.
Uh-Oh: American Apparel Hanging On By A Fiscal Thread
Dov Charney haters rejoice: the numbers at American Apparel are not looking that great. Actually, “not looking that great” is a generous approximation of what’s going at the Los Angeles-based clothing company.
Most Popular Articles
Follow Us
Tips
Style Dish
Login
Style Sheets
Upload your own looks, shop your favorite brands, and see what other people are wearing!
RSS