American Apparel’s New Investors Are Now Unloading Their Shares
They gave the company a much-needed $15 million infusion, and now they want out.
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They gave the company a much-needed $15 million infusion, and now they want out.
Cue the offensive language about being "XLent" and the "Next Big Thing."
Also, more on Filipa Fino's new company.
A T-shirt that says "Teenagers Do It Better." Fun!
Aside from selling it at all, why go and call it the ASIAN hat?
The deal will supposedly generate millions of much-needed dollars for Dov Charney.
Plus, kiddie break-dancers, Florence Welch, and a lot of flamingos.
He didn't have to be there, but still, this is unusual.
Also, here's a selection from the 60-page editorial of Kate Moss that Mario Testino shot for Brazilian Vogue.
This time, for making fake blogs with their naked photos on them.
Also, see Givenchy's new beauty campaign.
He has to say stuff like this, though, to keep his investors confident.
Even if that works out, it won't save them from bankruptcy.
Also, Tory Burch is working on a fragrance, a menswear line, and home décor.
Apparently it's unlikely potential buyers will want to keep him.
The sex scandals, the financial ailments — can a single CEO talk his way out of all that embarrassment?
Also, a Texas man scammed Condé Nast into paying him $8 million.
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