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American Apparel urged to "consider sale"

2015-01-02 13:38:00| Daily apparel & textile news and comment - from just-style.com

Hedge fund Lion Capital is understood to have sent a letter to the board of American Apparel, pressing the struggling retailer to consider options including a sale of the company.

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Intelligence: Yikes: American Apparel to Cut Hours for LA Factory Workers

2014-12-31 01:52:37| Apparel - Topix.net

Ousted CEO Dov Charney with a Quality Assurance employee at his former company's DTLA factory. Image via American Apparel American Apparel 's very public toils and troubles continue.

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American Apparel is being pushed to consider selling the company

2014-12-31 00:41:46| Apparel - Topix.net

The Wall Street Journal reported last night that hedge fund Lion Capital, which previously lent money to American Apparel, is pressing the company to consider strategic options, including selling the company. According to people close to the matter, Lion Capital urged the board, led by Brown, to create a special committee "to evaluate strategic alternatives" in a letter on Sunday.

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American Apparel to Cut Hours at Los Angeles Factory -NY Post

2014-12-29 20:30:47| Apparel - Topix.net

American Apparel Inc. is planning to sharply reduce hours at its Los Angeles factory as a money-saving tactic, reports the New York Post . The slowdown could result in layoffs lasting weeks for thousands of the retailers garment workers, according to sources.

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Why American Apparel Inc.'s Dov Charney Isn't the Next Michael Dell or Steve Jobs

2014-12-29 16:23:06| Apparel - Topix.net

The once and future CEO? Dov Charney was fired from American Apparel, but he's trying to engineer a return to his company. Just like Steve Jobs, right? Maybe not.

Tags: jobs american michael dell

 

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