Dov Charney Is Reportedly Aiming To Take Back American Apparel

by MR Magazine Staff

American Apparel founder and former CEO Dov Charney is working with investment bank Cardinal Advisors LLC to explore a bid for the struggling company. American Apparel told Reuters that Charney had submitted an “indication of interest.” If Charney manages to take back his company—something that would likely not surprise too many people—it’s hard to know if he’s actually the one to bring back the excitement that he arguably infused the brand with in the first place. Read more at Retail Dive.