April 6, 2011 |
American Apparel Inc. Chief Executive Dov Charney is shooting down reports that the Los Angeles clothing company is looking for a buyer. "I'm not surprised that there would be interest in the company, and at times, there has been, but it's not accurate," Charney said. "We're not looking, and it's not going to happen. " On Wednesday, a report on private equity online forum peHUB said American Apparel had hired advisor Rothschild to help it explore a potential sale, citing three sources familiar with the matter.
March 25, 2011 |
Los Angeles clothing maker American Apparel Inc. lashed out Thursday against four former employees who filed a sexual harassment lawsuit against the company and Dov Charney, its chief executive. The company said that the four women were friends who were colluding to "shake down" Charney and the company for money and that it had "voluminous evidence" to prove that the allegations were false. "These allegations are preposterous," said Frank Seddigh, a lawyer for American Apparel.
May 20, 2010 |
Problems are mounting for American Apparel Inc., the popular Los Angeles apparel maker and retailer that has been plagued by debt constraints and weak sales since last year. On Wednesday, the company reported disappointing first-quarter preliminary results and said it expected problems with its debt, sending its shares plummeting 41% to its lowest price in more than a year. It also declined to provide a financial outlook for the year because of continued uncertainty about its business.
CALIFORNIA | LOCAL
September 9, 2008 |
I went to visit the American Apparel warehouses Monday morning in the industrial part of downtown Los Angeles. The two giant warehouses where 5,000 employees work assembling clothes over three shifts sit at the corner of 7th and Alameda, only 1.6 miles from Union Station, which is also on Alameda. This being Los Angeles -- City of Traffic and Angels -- there is no direct bus service to Union Station. Thus the reason for my visit. Employees who want to reach Union Station by mass transit have to take a circuitous route that involves walking a few blocks to a bus that travels west into the heart of downtown, where they transfer to the subway.
December 6, 2008 |
American Apparel and an employee who had worked for the retailer since its early years filed dueling lawsuits this week, the latest legal trouble for the cotton clothier. Dov Charney, the company's founder, and a woman who says she is his ex-girlfriend accuse each other of theft, fraud, sexual harassment, wrongful termination and breach of contract. Wei-Ween Y. Victorino, also known as Nikky Yang, filed a suit against American Apparel on Monday.
August 19, 2010 |
A day after American Apparel Inc. admitted that its future hangs by a thread, the hipster Los Angeles clothing maker and retailer was scrambling to overhaul operations, bolster sales and repair its faltering image. After warning this week that there was "substantial doubt that the company will be able to continue as a going concern," the company saw its stock fall 21.3% on Wednesday, ending at an all-time low of 81 cents. That was on the heels of a 26% plunge the day before. In recent months, the troubled company has been beset by sales declines, losses, a crackdown on undocumented workers, problems with its debt, delayed quarterly filings and, most recently, an investigation by the U.S. attorney's office in New York related to the company's abrupt change in accounting firms.
March 10, 2011 |
A New York judge has temporarily halted a $250-million sexual harassment lawsuit brought by a former employee against Dov Charney, the controversial chief executive of American Apparel Inc. The ruling came in response to a motion filed Wednesday by the Los Angeles clothing maker that contended that the issues raised by Irene Morales' lawsuit should be settled in confidential arbitration and not at trial. She alleged in her lawsuit that Charney forced her to perform oral sex in his New York apartment in 2008, when she was 18, and that he sexually harassed her for months, including demanding that she send him explicit photographs, e-mails and text messages.
September 6, 2007 |
American Apparel Inc., a clothing maker known for its racy advertising and clothes made in downtown Los Angeles, was accused in a lawsuit of copying Hanesbrands Inc.'s Barely There trademark for women's underwear. American Apparel infringes the trademark by using the slogan in its print and online advertisements for tight-fitting bodysuits, according to the complaint filed Tuesday in federal court in Winston-Salem, N.C.
November 13, 2008 |
American Apparel Inc. responded Wednesday to a former employee's wrongful-termination lawsuit -- the latest legal trouble for the seller of trendy cotton clothing. Roberto Hernandez sued the Los Angeles company and its chief executive, Dov Charney, in Los Angeles County Superior Court last week. The lawsuit alleges he was fired a week after he refused to pad the company's balance sheet to make the company more attractive to potential investors.
November 25, 2007 |
Can you mass-market vintage? American Apparel, the influential brand that put a hipster T-shirt store on every corner, is giving it a shot. California Vintage is the new retail concept from the Los Angeles company: an inviting shop stocked with secondhand clothing and augmented by a few American Apparel staples such as T-shirts, leggings and socks. The first California Vintage in the U.S. opened last week on Sunset Boulevard in Echo Park.