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...
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...
American Apparel Reports Losses; Charney Files Lawsuits
Retailer American Apparel announced on monday that net losses amounted to $26.4 million in the first three months of the year, compared to a net loss of $5.4 million during the same period in 2014. Sales fell 9 percent to $124.3 million year-over-year. Excluding the year over year impact from...
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