• Culture
    Culture
    Filipino actors Bridgerton

    Get to know the Filipino actors in ‘Bridgerton’

    pura luka vega chappell roan church

    Matched her freak! Pura Luka Vega performs Chappell Roan’s ‘Good Luck, Babe!’ at ‘Church’

    AI and deepfake porn is a form of sexual assault—and we need to talk about it

    AI and deepfake porn is a form of sexual assault—and we need to talk about it

    • Women
    • Queer
    • Politics
    • Environment
    • Food
  • Style
    Style
    Pond's serums

    These night serums are your new solutions for radiant, glowing skin

    5 original Filipino fragrance brands to check out

    5 original Filipino fragrance brands to check out

    Here’s where you can get unique, one-off accessories—designed by you

    • Fashion
    • Beauty
    • Space
    • Shopping
  • Entertainment
    Entertainment
    Filipino actors Bridgerton

    Get to know the Filipino actors in ‘Bridgerton’

    pura luka vega chappell roan church

    Matched her freak! Pura Luka Vega performs Chappell Roan’s ‘Good Luck, Babe!’ at ‘Church’

    charlie’s angels totally spies!

    Our favorite onscreen spies, from Austin Powers to ‘Totally Spies!’

    • Celebrities
    • TV & Movies
    • Music
  • Life+Money
    Life+Money
    Single woman adopts baby

    Forming a family: When a single woman adopts a baby

    painting of baby

    A mother-to-be’s survival guide

    Navigating a friend breakup that has no bad blood

    It’s no one’s fault: When a friendship naturally runs its course

    • Career & Money
    • Parenting & Relationships
    • Sex & Health
    • Astrology
    • Travel
  • Inquirer.net
  • Lifestyle
Reading
Dov Charney Is Plotting His Own Comeback in the Retail Industry
ShareTweet
In FashionFashion NewsPreen
1 min read

Dov Charney Is Plotting His Own Comeback in the Retail Industry

By Cai Subijanoon February 3, 2016
Share

dov-charney american apparel preen

If the name Dov Charney sounds familiar, that’s because he’s the ousted CEO of early aughts hipster label American Apparel who was accused of allegedly calling his Filipino accountants “pigs.”

While it seemed from the outset of his ejection he had a solid plan for a $300-million takeover bid for the company, it was rejected by the U.S. Bankruptcy Court for the District of Delaware. The decision will allow American Apparel to exit Chapter 11 bankruptcy, leaving Dov and all of the company’s stockholders with nothing.

In an open letter he published on Medium, he wrote, “The resolute goal of the bondholders was to sell the company so they could profit, but I had to be pushed out of the way since I was the company’s largest shareholder.”

He ended his letter saying, “what gives me great optimism are the things I possess that can’t be stolen by a predatory hedge fund — my ideas, values, drive, authenticity, integrity and my passion. To that end I ask that my supporters stay tuned.”

Dov’s supporters (and there is a cult-like legion of them) and critics alike couldn’t help but be intrigued by that last statement. Could it be that the disgraced retail king was plotting a comeback?

Fashionista reports: “As confirmed by Charney’s partner Hagan Capital Group, which was also behind the American Apparel founder’s recent takeover bid, he will launch a line of U.S.-manufactured basics for men and women that will be offered online and wholesaled to other retailers.”

No doubt, American Apparel had its time in the cultural zeitgeist before reports of Dov’s serious misconduct as founder and CEO surfaced and as he helpfully pointed out in his letter, “By the time American Apparel went public in 2007, it was running the largest operating apparel manufacturing plant in the United States.”

But at the end of the day, can we really get behind clothing produced by an alleged racist, misogynist, sexist, and all-around creep, no matter how it is ethically produced?

You vote with your spending power.

[Fashionista]

 

Photo courtesy of Streetwise

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Share 0

Action Required!

We embed Facebook Comments plugin to allow you to leave comment at our website using your Facebook account. It may collects your IP address, your web browser User Agent, store and retrieve cookies on your browser, embed additional tracking, and monitor your interaction with the commenting interface, including correlating your Facebook account with whatever action you take within the interface (such as “liking” someone’s comment, replying to other comments), if you are logged into Facebook. For more information about how this data may be used, please see Facebook’s data privacy policy: https://www.facebook.com/about/privacy/update.

Accept    Decline

Tags
American ApparelCEO

Subscribe to our newsletter

Stay in the loop


By subscribing, you agree to our Terms of Use and Privacy Policy.

ShareTweetEmailShare
Cai Subijano

Peek This

Pond's serums

These night serums are your new solutions for radiant, glowing skin

Filipino actors Bridgerton

Get to know the Filipino actors in ‘Bridgerton’

pura luka vega chappell roan church

Matched her freak! Pura Luka Vega performs Chappell Roan’s ‘Good Luck, Babe!’ at ‘Church’

AI and deepfake porn is a form of sexual assault—and we need to talk about it

AI and deepfake porn is a form of sexual assault—and we need to talk about it

Preen.ph © 2020. Hinge Inquirer Publications, Inc.
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • HOME
  • ARCHIVES
  • ABOUT US
  • CONTACT US
  • ADVERTISE WITH US
Previous
5 Iconic Movie Scenes You’ll Recall From Leo’s Past Films in ‘The Revenant’
Next
Why You Should Care About this Iconic Canadian Makeup Brand’s Rewards Program
  • Culture
    • Women
    • Queer
    • Politics
    • Environment
    • Food
  • Style
    • Fashion
    • Beauty
    • Space
    • Shopping
  • Entertainment
    • Celebrities
    • TV & Movies
    • Music
  • Life+Money
    • Career & Money
    • Parenting & Relationships
    • Sex & Health
    • Astrology
    • Travel
  • Inquirer.net
  • Lifestyle
  • Subscribe
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • Search
Start typing to see results or hit ESC to close
fashion fashion news music Culture News movies
See all results

Subscribe to our newsletter

Stay in the loop


By subscribing, you agree to our Terms of Use and Privacy Policy.