Dov Charney news and archive

Dov Charney doesn't have 19.5 million USD to pay court order

American Apparel founder Dov Charney is not known for earning good press. Along with allegations of sexual misconduct involving employees and multiple bankruptcies of his company, Charney had been suspended from his role of CEO of American Apparel for reasons of policy violations and misuse of funds before American Apparel’s last bankruptcy...

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,...

Fashion

LA Apparel partners with Tukatech to help grow business

With his new company, Dov Charney has just announced a fresh partnership. The entrepreneur has tapped Tukatech in order to help set up affordable systems in manufacturing and design. After his downfall with American Apparel, Charney worked to start a new company entitled LA Apparel. The brand has worked to have a quicker manufacturing...

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...

ManagementFeatured

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...

Fashion Featured

Back with a vengeance: The return of Dov Charney

London - When Dov Charney exited his role as CEO from American Apparel, he boldly pledged he would be back. Tenacious, shrewd, determined and controversial, Charney has been planning his return with a new business and company, that according to WWD is called The Los Angeles Apparel Co. His website, ThatsLosAngeles.net, features a photo montage...

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

Dov Charney: "Corruption, Greed and Incompetence" has led to American Apparel sale

American Apparel LLC may be up for sale, but Dov Charney, the enigmatic founder and former CEO of the Made in the USA retailer may not necessarily be the first in line to make a bid. However, Charney says he will keep an “open mind” when it comes to the sale of American Apparel. "I would be open to hearing out their proposal, if they approached...

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,...

ManagementFeatured

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...

Report

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...