dov charney

It will sell approximately 15.8 million shares of common stock at $0.90 a share to a group of private investors. The investors also received the right to purchase up to an additional approximately 27.4 million shares at the same p

American Apparel (APP) says it has raised $14.9 million in new capital.

American Apparel (APP) CEO Dov Charney is said to be "scrambling" to secure a cash infusion of as little as $5M this week. According to several sources, key lenders Lion Capital and Bank of America (BAC) are "fed up" with Charney'

American Apparel (APP) could avoid bankruptcy with a cash infusion of as little as $5M this month. One source says sales of spring fashions have started to generate positive cash flow this month, and the company could clear a loan

According to sources, American Apparel (APP), dealing with a falling stock price and the threat of bankruptcy, has hired Rothschild as an advisor to help it explore a potential sale. Two sources say if the company is sold, it is u

American Apparel (APP) CEO Dov Charney yesterday raised his stake in the company as his relationship with key lender Lion Capital is growing more tense, sources tell the New York Post. Lion Capital owns stock warrants that could d

Four women yesterday alleged in a lawsuit that they were sexually harassed by American Apparel (APP) CEO Dov Charney, according to The New York Times. Charney's lawyer called the claims in the lawsuit "contrived" and "false."

American Apparel (APP) CEO Dov Charney is in talks to hire Marty Staff, a respected industry veteran, in an effort to revamp the company, sources tell the New York Post. Staff has been credit with turnaround around Hugo Boss in th