Return of American Apparel
Dov Charney is making a comeback. And now so is American Apparel, which intends to launch its new website on August 14. For those who need a reminder, American Apparel filed for bankruptcy back in November - for a second time in a year - and sold its IP to Gilden Activewear SRL, a Canadian company, for over $80mm. It looks like the new era is set to begin.