From Tako Natsvlishvili gracing the LoveFMD Fall/Winter 2015 Issue to American Apparel filing for bankruptcy, here’s you’re week in brief. American Apparel The Los Angeles-based clothing chain filed for Chapter 11 bankruptcy protection. Olivier Rousteing The Balmain creative...
American Apparel files for bankruptcy
Clothing chain American Apparel, filed for Chapter 11 bankruptcy protection early Monday. Over the last one year, the Los Angeles-based company has been in the midst of a turnaround effort. It amassed huge legal bills from lawsuits with controversial founder Dov Charney who was fired in...
American Apparel to Cut Jobs, Close Stores
American Apparel Inc announced on Monday that it will close underperforming stores and laying off staff as part of a $30 million cost-cutting strategy. In a company statement CEO Paula Schneider, who took the helm in January said, “Today’s announcements are necessary steps to help...
Business Brief: American Apparel Director Resigns, ‘...
Net-a-Porter Announces Record Sales The Fashion e-tail giant reported an profit of ($2.9 million) after tax and ($17.1 million) before tax in the 12 months ending March 2015.[Financial Times] H&m’s Growth Slowed This Spring (But It Beat Forecasts) The Swedish fashion retailer...
News Brief: John Galliano Unveils New Logo, Marc Jacobs H...
John Galliano Unveils New Logo The Paris based fashion house has revealed a new visual identity as it makes its transition into a premium-contemporary line following a licensee deal with Modalis. {WWD} CFDA Awards 2015 : The Winners For a second year the CFDA Awards went to Ashley and...
American Apparel Granted Restraining Order Against Dov Ch...
American Apparel Inc announced that on Monday a Delaware court had granted its request for a restraining order against former Chief Executive Dov Charney. In a regulatory filing on Tuesday, the Los Angeles retailer said that the order temporarily restrains Charney from breaching terms of a...
Weekly News Roundup : May 18 – May 22
From internet sensation Tess Holliday landing the cover of People magazine’s Body Issue to Taylor Swift topping Maxim’s reinvented Hot List, here’s your week in brief. Heidi Klum The Model and businesswoman celebrated the German launch of her lingerie collection, Heidi Klum...
American Apparel Gets Some Relief, Sues Dov Charney
After being sued by Dov Charney American Apparel Inc. is fighting back by accusing the controversial founder of running a “scorched earth campaign” as he tries to regain control of the company. On friday the Los Angeles retailer filed a lawsuit against Charney in the Delaware...