American Apparel Board Suspends Dov Charney as CEO

The Board of Directors of American Apparel yesterday voted to replace Dov Charney as chairman and notified him of its intent to terminate his employment as president and CEO for cause. It is expected that the termination will be effective following a 30-day cure period required under the terms of Charney’s employment agreement.

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American Apparel Announces Pricing of Public Offering of Common Stock

American Apparel Inc. announced this week that it priced an underwritten public offering of 61,000,000 shares of its common stock at a price to the public of $0.50 per share. The company intends to use the net proceeds of the offering to fund working capital and for general corporate purposes, including its April 2014 cash interest payment on the company’s senior secured notes.

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Take It from the Top

Selling apparel is completely different than selling hard goods. To answer some of your questions about selling wearables, Promo Marketing reached out to some of the industry’s leading apparel suppliers. Here’s what they had to say.

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2014 Style: Looking Forward

Planning for the New Year is important. Sometimes that planning requires reflecting. With that in mind, here are eight apparel-selling tips we received in 2013 to take you into the New Year.

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