Yesterday, I wrote a story about American Apparel founder and former CEO Dov Charney’s new apparel company, which he plans to build into a rival of his former company. So far, we don’t actually know the name of the company, but we do know that it’s based in…
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I have to say this week’s news highlighting the trials and tribulations facing American Apparel have been painful for me.
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It is that time of year when my suitcase becomes my home, when I travel coast-to-coast, shake hands and get in touch with industry leaders. I have come to recognize the value in business travel, however, sometimes it can be brutal.
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Love them or hate them, there is apparently no denying (or perhaps even slowing) the clothing juggernaut that is American Apparel. In a tight credit market, in a state that may be bankrupt in two months, Dov Charney finds a way to move forward:
From American Apparel:
Dov Charney, chairman and chief executive officer, commented, “We are pleased to have secured these extensions to our loan maturities given the current difficulties in the credit markets. We have also had discussions with our lenders about the possibility of lengthening the maturity of our debt into 2010, and we will continue these discussions while we
So, Woody Allen is suing American Apparel. Huh.
It’s funny … give our industry one celeb and people go crazy. (And by crazy, I mean that in the entire history of our e-newsletter, that item had pretty much the highest click-through rate, well, ever).
I’m finding it increasingly hilarious that no one can seem to decide which of the involved parties is more distasteful: Woody Allen, for well-publicized reasons, or a company founded by a guy with, shall we say, a less-than-savory reputation.
My coworkers make fun of me because I have “views” about American Apparel. Yes, I cover the