American Apparel announced this morning that it has named Scott Brubaker as its new interim CEO, effective immediately. Brubaker will replace John Luttrell, who was the company's chief financial officer and took over the CEO position after founding CEO Dov Charney was removed from the position in June.
On Aug. 13, 2014, American Apparel Inc., Los Angeles, announced the appointment of Laura A. Lee to the company's board of directors.
Los Angeles-based American Apparel announced yesterday selections for its four new board members, including its first woman board member.
Ash City, a part of the alphabroder family, announced the availability of American Apparel, Bella+Canvas and Fruit of the Loom in Canada.
Dov Charney, the ousted chief of American Apparel, is forcing a stunning showdown with the company's board, full of twists and turns that few could have predicted when he was fired just two weeks ago.
Experts now say that Mr. Charney may have a real shot at regaining control of the company he founded.
"The board, on its own, suspends its chief executive, who then turns around and manages to acquire or control enough of the vote such that they might be able to come back and throw out the mutineers," said David E. Rosewater ...
The Board of Directors of American Apparel yesterday voted to replace Dov Charney as chairman and notified him of its intent to terminate his employment as president and CEO for cause. It is expected that the termination will be effective following a 30-day cure period required under the terms of Charney's employment agreement.
The national agreement allows American Apparel to become more widely accessible to a national wholesale audience through alphabroder.
American Apparel Inc. announced financial results for its first quarter ended March 31, 2014.
American Apparel Inc. announced this week that it priced an underwritten public offering of 61,000,000 shares of its common stock at a price to the public of $0.50 per share. The company intends to use the net proceeds of the offering to fund working capital and for general corporate purposes, including its April 2014 cash interest payment on the company's senior secured notes.
Could Sochi turn into a sea of bright red hoodies, scarves, beanies and duffel bags? If so, American Apparel may have pulled off one of the greatest ambush marketing campaigns in Olympics history.
The Los Angeles-based brand, which has no official sponsorship ties to the upcoming winter events in Sochi, has launched a line of merchandise based on the Olympic charter’s Principle 6, which states that "Sport does not discriminate on grounds of race, religion, politics, gender or otherwise.”
Several activist groups recruited American Apparel and spearheaded the Principle 6 campaign to protest Russia’s anti-gay laws.