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American Apparel warns may need more capital for restructuring

2015-07-06 16:08:59| Apparel - Topix.net

The company, which is being sued by founder and former CEO Dov Charney, said its plan aims to cut costs by about $30 million over the next 18 months by cutting jobs and closing stores.

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American Apparel to close some stores, cut jobs to reduce costs

2015-07-06 16:08:58| Apparel - Topix.net

The apparel seller expects to reduce costs by $30 million over the next 18 months. The company said even if revenue increases and costs are cut, there can be no guarantee it will have enough financing commitments to meet funding requirements for the next 12 months without raising additional capital, or that it will be able to raise that capital.

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Charney defends position on American Apparel probe

2015-06-25 14:04:19| Daily apparel & textile news and comment - from just-style.com

The lawyer of Dov Charney, the former CEO of American Apparel, has said allegations the founder used ethnic slurs against workers and kept videos on a company server of himself in sex acts with employees are false.

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American Apparel files new documents accusing Dov Charney of 'violent, derogatory' behavior

2015-06-24 17:20:45| Apparel - Topix.net

Responding to a series of defamation lawsuits from founder Dov Charney , American Apparel Inc. , run by CEO Paula Schneider, has filed court papers disclosing graphic allegations of misconduct by the former CEO. The documents, filed Friday in Los Angeles County Superior Court, accuse Charney of "violent, derogatory and sexually inappropriate behavior," the Los Angeles Times reported.

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American Apparel posts full details of sexually explicit messages...

2015-06-24 17:20:44| Apparel - Topix.net

Note: We do not store your email address but your IP address will be logged to prevent abuse of this feature. Please read our Legal Terms & Policies American Apparel has released a slew of lurid allegations against its ex-CEO Dov Charney, who quit last year following a string of sexual harassment claims by former employees.

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