Los Angeles Business Journal

Charney's Ouster Could Ruin American Apparel

Friday, June 20, 2014

American Apparel Chief Executive Dov Charney’s problems may lead to the destruction of the company he founded: Charney's sudden suspension probably will lead to drastic changes at the company layoffs, store closures, bankruptcy and possibly a sale, the Los Angeles Times reports. It was a remarkable fall, the New York Times reports.