×
182
Fashion Jobs
AQUAGENICS RESEARCH & DEVELOPMENT INDIA PVT. LTD.
Area Sales Manager
Permanent · Pune
MUTHOOT FINCORP
Area Manager
Permanent · Tiruchirappalli
INFINIX
National Sales Manager
Permanent · MUMBAI
1MG
Sales Manager - Diagnostics
Permanent · National Capital Region
DODLA DAIRY LIMITED
Area Sales Manager -Salem
Permanent · Salem
HALONIX TECHNOLOGIES PVT LTD
Area Sales Manager - Fans & Lighting / Retail Sales
Permanent · Ludhiana
BASIC ENTERPRISES PVT LTD
Area Sales Manager
Permanent · Mumbai
ZEE LABORATORIES LIMITED
Area Sales Manager / Regional Sales Manager
Permanent · Bhopal
CROSS COUNTRY INFOTECH
Production Manager
Permanent · Jodhpur
PROPERTYXPO.COM
Area Sales Manager| Real Estate Portfolio Management | Gurgaon
Permanent · Gurugram
RELIABLE CLOTHING PVT. LTD
Production Manager - Garment Manufacturing Export House
Permanent · Mumbai
HUMAN TOUCH
Sales Manager - Mumbai
Permanent · Mumbai
KAZO FASHION PRIVATE LIMITED
Garment Technician
Permanent · Noida
UMANO HEALTHCARE PRIVATE LIMITED
Regional Sales Manager / Area Sales Manager- (Pharma Sales) mp
Permanent · Bhopal
OLIVE GREEN CONSULTING LLP
Urgently Looking For Production Manager - Gurgaon
Permanent · Gurugram
MONEYWISE FINANCIAL SERVICES
Area Sales Manager || Nbfc (Lap / bl) - Delhi
Permanent · National Capital Region
MAGICBRICKS
Area Sales Manager
Permanent · Thane
KENT RO SYSTEMS
Corporate Sales Manager
Permanent · Chennai
RELAXO
Area Sales Manager
Permanent · Bargarh
OUTHOUSE JEWELLERY
E-Commerce Manager
Permanent · NOIDA
TOUCH MOBILES
Wanted Area Sales Manager - Touch Mobiles
Permanent · Khammam
GOKALDAS EXPORTS
Manager - Fabric Warehouse - Garments Background - Bhopal, mp
Permanent · Bhopal
By
Reuters
Published
Jul 7, 2014
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

American Apparel in talks to pay off loan, replace board

By
Reuters
Published
Jul 7, 2014

NEW YORK - American Apparel Inc is in talks with Standard General, the New York-based hedge fund that controls 43 percent of the company's stock, to secure funding that would let the retailer pay off a $10 million loan and replace its board except for two co-chairmen, the Wall Street Journal reported on Sunday.


AmericanApparel.com

The loan from Lion Capital came due after the board ousted Dov Charney, American Apparel's founder and former chief executive officer.

Citing unnamed sources, the Wall Street Journal said that Standard General is awaiting the results of an investigation into Charney's behavior. Should he be cleared of wrongdoing, Charney could remain with the clothing and accessories company, though perhaps not as its CEO, the newspaper reported.

Charney was fired in June over accusations that he misused corporate funds and for his alleged role in disseminating nude photos of an ex-employee.

Reuters reported on July 3 that Charney had handed over his stake and voting rights in the company to Standard General to let it negotiate with independent directors to determine the company's future.

Neither American Apparel nor Standard General returned calls for comment.

The retailer's stock has fallen 29.3 percent for the year to date.

© Thomson Reuters 2022 All rights reserved.