“Hipsters are from a certain time period. The stereotype of a hipster is not something people aspire to anymore. Do you want to be a hipster? Nobody wants to be a hipster.” —Hipster Dov Charney, American Apparel CEO, eschews the label, like all proper hipsters do, claiming the brand will offer “echo-boomers … a more classic look” now, as American Apparel shares trade at less than $2, down from a high of $16.80 in December 2007. [Runnin’ Scared/VV]
