A source close to Charney says his handpicked American Apparel board turned on him purely for financial reasons, and that they have known about the other factors cited in his termination letter for a long time. The source’s grievances were first aired on Whisper.
Sources dismiss reports the company is up for sale. They say the newly surfaced video of Dov Charney dancing nude with a potential employee wasn’t part of the board’s decision.
Updated: The retailer’s board replaced Charney as chairman and said it intends to fire him “for cause.” A spokesperson declined to comment; Charney won’t talk.
Oren Safdie, a 48-year-old playwright, premiered the play Unseamly in Montreal last month. He tells BuzzFeed, “All my plays touch on people I know in some ways.” Update: American Apparel notes the play is a work of fiction and that CEO Dov Charney loves his cousin.
The controversial 45-year-old American Apparel founder has high hopes for the company despite its recent financial woes. He also says he isn’t stepping down anytime soon and that he doesn’t technically believe in “Made in the U.S.A.”