Bloomberg News is reporting a possible take-over bid of American Apparel by a group that would re-install Mr. Dov Charney as CEO (and resident irreverent creative dude.)
The group making the offer is led by Chad Hagan who says of American Apparel and Charney: “American Apparel is a proven viable business model that needs to be scaled from a sales point of view and should not be in bankruptcy, If the company is not turned around, it will be a pointless loss of American manufacturing jobs.”
Never a dull moment with Dov.
I’m at the PPAI show in Vegas and I miss him coming in high energy, walking and squawking. Maybe he’ll be back soon, stay tuned.
Comments