×
478
Fashion Jobs
PUMA
Manager - Sales (Wholesale Ecommerce)
Permanent · Bengaluru
ADIDAS
Specialist - Finance Operations - fp&a
Permanent · CHENNAI
ADIDAS
Senior Manager - Procurement Operations
Permanent · CHENNAI
MOLEDRO
Operation Manager
Permanent · NEW DELHI
MOLEDRO
HR &Admin
Permanent · NEW DELHI
MOLEDRO
Brand Manager
Permanent · NEW DELHI
MOLEDRO
sr Fashion Designer / Production Manager
Permanent · NEW DELHI
ADIDAS
Manager Information Security
Permanent · GURUGRAM
ADIDAS
sr. Manager Sales Excellence
Permanent · GURUGRAM
CL GUPTA RETAIL PRIVATE LIMITED
Production Manager Cum Quality Control Manager
Permanent · Noida
UGRAYA FOODS
Production Manager || Agartala (Tripura) || Poultry Feed Industry
Permanent · Agartala
GOVIND KRIPA INFRATECH PVT. LTD.
HR/Telecalling/Sales Manager/Sales Executives/Asst. Sales Manager
Permanent · Jaipur
JUMBO BAGS
Manager- Production (Fibc / Woven Polypropylene Industry)
Permanent · Chennai
ADIDAS
Manager, Masterdata And Product Launch (.Com & Digital Partners), Apac
Permanent · GURUGRAM
ADIDAS
Manager, Digital Backend Operations, Apac
Permanent · GURUGRAM
THE HOUSE OF DEEPTHI LIMITED
Production Manager
Permanent · MUMBAI
MANPOWERGROUP SERVICES INDIA PRIVATE LIMITED
Hiring-Field Sales Manager
Permanent · Chennai
YUTIKA NATURAL
Area Sales Manager (Guwahati)
Permanent · Katihar
LENSKART
Area Operations Manager
Permanent · Chennai
ELECTRONICA FINANCE
Area Sales Manager - Mumbai- Vasai
Permanent · Mumbai
ADIDAS
Manager Learning & Development & Knowledge Management (M/F/D)
Permanent · CHENNAI
D.LIGHT
Hiring For Area Sales Manager | Bihar | d.Light Energy
Permanent · Patna
Published
Sep 28, 2016
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

American Apparel CEO Paula Schneider to step down in October

Published
Sep 28, 2016

American Apparel recently announced that Paula Schneider will step down from her role as CEO on October 3 after serving in the position for less than two years.


Paula Schneider, American Apparel CEO, will part ways with the company on October 3.


 
Schneider cites many reasons for her departure including the company’s debts, retail headwinds that have impacted specialty retailers in the US and the company’s pending sale. The American press obtained Schneider’s resignation letter that states that the upcoming sale “may not enable us to pursue the course of action necessary for the plan to succeed nor allow the brand to stay true to its ideals. Therefore, after much deliberation, and with heavy heart, I’ve come to the conclusion it is time for me to resign as CEO.”
 
Since Schneider assumed the role of CEO, the company filed for bankruptcy, sold the Oak brand back to its founders Jeff Madalena and Louis Terrine and was taken to court by former CEO Dov Charney. Schneider focused on cutting costs and was met with backlash for her methods. She laid off 500 employees from the company and considered outsourcing production despite the brand’s ‘Made in LA’ identity.

American Apparel exited bankruptcy in February and in August, hired investment bank Houlihan Lokey to explore the company’s sale. The company scaled back its product offering and moved away from risqué marketing to focus on the products.
 
The American press also reported that American Apparel General Counsel and Chief Administrative Officer Chelsea Grayson is to succeed Schneider as American Apparel CEO.

Copyright © 2022 FashionNetwork.com All rights reserved.