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Daily Archives: Jul 4, 2016

With founder Dov Charney out of the picture, American Apparel looks ahead

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American Apparel executives and board members regained a stride of control now: A personal bankruptcy court judge approved their plan to move forward with a reorganization strategy that transfers ownership of the company from shareholders to lenders, and in doing so, strips founder Dov Charney of any stake from the company. Charney continues to be aggressively fighting to return to ...

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