dov charney

0 0 The Little Boutique That Joined, Then Divorced, American Apparel Then founders Louis Terline and Jeff Madalena ran into Dov Charney, the founder and, at the time, chief executive of American Apparel at a party in Las Vegas. American Apparel bought Oak for an undisclosed sum that year, and the duo gave up their stake in the company. The brand was plugged...  

0 0 Judge Approves American Apparel Bankruptcy Exit Plan founder Dov Charney needs a new plan. U.S. Bankruptcy Judge Brendan Shannon in Wilmington, Delaware, Monday approved a reorganization that hands control of the clothing retailer to senior lenders, rejecting Charney's alternative proposal and eliminating what may have been his last shot at...  

0 0 American Apparel Opens Final Takeover Fight With Founder Charney's fired Chief Executive Officer Dov Charney spent Wednesday morning listening to his replacement describe the mess she said she found after taking the reins at the struggling clothing retailer. At a hearing this week in Delaware bankruptcy court, Charney will try to persuade the judge to...  

0 0 American Apparel Said to Reject Latest Charney-Led Takeover Bid's board of directors rejected the latest takeover offer involving the company founder and fired Chief Executive Officer Dov Charney, two people familiar with the decision said. The vote means an offer valued at $300 million from three investment funds who've aligned with Charney must be...  

0 0 American Apparel Said to Get $200M Takeover Bid From Charney Ally, set to emerge from bankruptcy this month, has received a takeover bid of more than $200 million from an investor working with ousted Chief Executive Officer Dov Charney, according to people familiar with the situation. Should the offer, which has committed financing, be accepted and a deal...  

0 0 7 Crazy Things You Never Knew About American Apparel Sorry, Dov... On October 5, 2015, American Apparel filed for bankruptcy, claiming the company hasn't made a profit since 2009. Considering what we know about former CEO Dov Charney, the brand's high rate of shoplifting, and the many legal battles attached to its advertising campaign, this...  

0 0 Top 10 Newsmakers of 2015 After allegations of sexual assault, multiple lawsuits and the ousting of founder and chief executive Dov Charney, it finally filed for bankruptcy in October. The retailer, which hasn't had a profitable year since 2009, reported a loss of $92.9 million in the first half of 2015, had been...  

0 0 American Apparel Founder's Bid for Company Said to Move Forward founder Dov Charney's attempt to return to the company moved a step closer after firms backing him made nonbinding offers to buy the bankrupt retailer, according to people familiar with the situation. More than one entity working with Charney have signed nonbinding letters of interest —...  

0 0 American Apparel Gets Quick OK for $90 Million in Financing Dov Charney started American Apparel in 1989. The company played up its "Made in U.S.A." credentials and also featured young, scantily clad models in its advertising. Charney attracted litigation and scrutiny from regulators for his employment practices and was removed as chief executive...  

0 0 Sex, Betrayal and Bond Traders: The Fall of American Apparel and its founder, Dov Charney, has all that and more. But now this tabloid tale is coming down to a seemingly staid bit of finance: the bonds. For all the back-and-forth over American Apparel — over Charney's alleged sexual antics, management's wrath and the duelling lawsuits that have...  

0 0 American Apparel Files for Bankruptcy Protection The clothing maker has been in disarray since founder Dov Charney was suspended and then fired as chief executive officer last December for alleged misconduct. The chain posted five consecutive yearly losses dating to 2010, totaling $338 million, before reporting a $92.9 million loss in the...  

0 0 American Apparel's Bankruptcy Protection Buys It Time, but Not Much Else The filing also guarantees the delay of a multitude of lawsuits as the retailer continues its ugly legal war with spurned founder Dov Charney, who was dumped as CEO in 2014 following an internal investigation into alleged sexual harassment and misuse of company funds. Schneider has...  

0 0 American Apparel Said to Seek Advisers for Bankruptcy Deal Talks The clothing maker has been in disarray since founder Dov Charney was suspended and then fired as chief executive officer last December for alleged misconduct. The chain posted five consecutive yearly losses dating to 2010, totalling $338 million, before reporting a $92.9 million loss in...  

0 0 American Apparel Raises 'Going Concern' Doubts as Losses Mount The clothing maker has been in turmoil since it suspended and then fired founder and Chief Executive Officer Dov Charney for alleged misconduct. Charney, who was replaced as CEO by Paula Schneider, has sued over his ouster and said the allegations against him are baseless. The retailer...  

0 0 American Apparel Posts Wider Preliminary Loss Amid Lender Talks The Los Angeles-based clothing maker has been in turmoil since it suspended and then fired founder and Chief Executive Officer Dov Charney for alleged misconduct. Charney, who was replaced as CEO by Paula Schneider, has sued over his ouster and said the allegations against him are...  

0 0 American Apparel Investors Vote Against Boosting Share Total The retailer has been embroiled in a battle with founder Dov Charney since the company fired him in December for allegations of personal and financial misconduct. His ouster and those claims, which Charney has denied, have led to a legal battle that includes more than a dozen...  

0 0 American Apparel To Close Stores and Lay Off Workers In that time, American Apparel has suffered more than $300 million in losses, largely under founder and former CEO Dov Charney, who was forced out by the board of directors in 2014. The retailer remains embroiled in a nasty legal spat with its spurned founder, with lawsuits filed by both...  

0 0 American Apparel Warns May Need More Capital for RestructuringThe company, which is being sued by founder and former CEO Dov Charney, said on Monday it would cut jobs and close stores to slash costs by about $30 million over the next 18 months. American Apparel said there could be no guarantee that even after the restructuring it would have sufficient...  

0 0 American Apparel's Former Co-Chairman Quits Board Amid Shake-Up The Kolb tussle was part of a broader fight with American Apparel founder and ex-CEO Dov Charney, who has been trying to reassert control at the company since his ouster last year. Kolb previously worked for Charney and was seen as his ally in a potential proxy contest. American Apparel...  

0 0 Here's How American Apparel Is Taking Sex Out of Its Ads" In a bid to convince investors it's moving forward from months of mayhem since firing founder Dov Charney, the presentation explains American Apparel's plans to streamline operations, improve stores, and revamp the brand. The presentation also details plans to grow American Apparel, which...  

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