14
ISSUE 84 / 2016
FASHION
Dov Charney, the eccentric and often
controversial founder of the recently
bankrupt American Apparel, is back in
fashion. After being removed as the CEO
of American Apparel following financial
disputes and sexual harassment allegations,
the entrepreneur is back with a new line
of basics made in the USA. A concept that
may sound familiar, if not identical, to those
of us who have ever found ourselves in one
of those simple white and bright stores
searching for a plain leotard or basic tee.
This time, however, he's starting the company
with Hagan Capital, who he worked with in
his attempt to buy back American Apparel.
Hagan Capital has called Charney 'a colourful
CEO,' which may be a bit of a generous
word to describe the actions of Charney.
There's no doubt that Charney's current
pursuits are quite 'colourful,' coloured with
revenge that is. After essentially running the
company into the ground, facing multiple
lawsuits, attempting to buy the company
back, and losing most of his own money, it's
unsurprising to see Charney back and trying
to reclaim his ground in the world of fashion
retail. It's a daring move, but Charney has
always been known for his edginess.
For now, there is no known name or set
date for the brand. However, Hagan Captial
has stated that the brand doesn't intend to
stick to a purely online presence.
EX-AMERICAN APPAREL CEO TO
START NEW LINE
After facing multiple lawsuits and running American Apparel into the ground, founder and
ex-CEO of the brand, Dov Charney, is back with a new line in the works
FASHIONABLE
BEANIES FOR A
GOOD CAUSE
Masato London, have launched a
Campaign in collaboration with
other independent charities to
help the homeless. Buy a beanie
and they'll donate one.
