Back in December, it was reported that ousted former CEO and founder of American Apparel, Dov Charney, could soon be back at the helm of the company thanks to nonbinding acquisition offers from the firms backing him. The Charney-associated investors then put in a $200 million USD bid for the company earlier this month. However, it looks like that bid won't end up coming out on top. The Business of Fashion reports that American Apparel has won approval of its Charney-free bankruptcy plan. Judge B...
Back in December, it was reported that ousted former CEO and founder of American Apparel, Dov Charney, could soon be back at the helm of the company thanks to nonbinding acquisition offers from the firms backing him. The Charney-associated investors then put in a $200 million USD bid for the company earlier this month. However, it looks like that bid won't end up coming out on top. The Business of Fashion reports that American Apparel has won approval of its Charney-free bankruptcy plan. Judge B...
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