HURRICANE HUBRIS: No electricity? No scruples? No problem! The day after Hurricane Sandy split town, leaving dozens dead and millions without power, the event that some observers regarded as an epic tragedy was seen by others as a golden PR opportunity. Nothing generates goodwill press more than Urban Outfitters tweeting “this storm blows Read More
After months of sliding revenue, American Apparel has snatched former Blockbuster CFO Thomas Casey and placed him in charge of reviving the company’s profits, Bloomberg says. Casey will step into the role of acting president, and report to CEO Dov Charney.
The last year has not been kind to the clothing company, which Read More
American Apparel’s financial future continues to look bleak, and the retailer may be forced to cut back on its signature ads. WWD reports that in the last year already, AA’s advertising, trade show and catalogue spending fell by $9.6 million, mostly in advertising. So what does this mean for the Read More
The financially woebegone retailer puts on a brave face: “Shop our Back to School packs!” they tweeted today.
So, if you have a hankering for three Cotton Spandex Jersey Strapless Ruched Bodysuits—maybe you should get on that, before American Apparel is totally hosed.
With American Apparel already struggling–shares plummeted another 26 percent Wednesday to 81 cents a share–it doesn’t help that the brand’s Park Slope store was burglarized recently.
At 5:27 p.m. on Sunday, Aug. 8, two male perps entered the Flatbush Avenue store. One was dressed in black shorts, black sneakers and a white Read More
American Apparel is heading straight for its own hip and self-consciously sexy/sloppy Gotterdammerung at a clip with a shareholder’s lawsuit just filed against the company in Los Angeles. Shareholders claim Dov Charney and several members of his board of directors committed acts of mismanagement, misled them and damaged the company image in Read More
The Observer was sitting at his desk. It was Friday at 1:03 p.m. His Gmail was open, and the inbox showed a new message from Tao Lin. The subject of the message was “just confirming, 630pm five leaves.”
The Observer replied, “Yes, and the assignment is fully confirmed. The profile of you will run in Read More
Late last week, in a moment that feels particular to the neighborhood of Williamsburg, Brooklyn, a girl in her early 20s with long, seemingly unwashed brown hair, stained denim cutoffs, scuffed boots and a loose white tank top that exposed lacy bra straps rode by on a bicycle and caught the attention of Read More
Things do not look good for American Apparel. According to a “preliminary” report released today, “loss from operations for the second quarter of 2010 is expected to be in the range of $5 million to $7 million, as compared to income from operations of $7.3 million in the second quarter of 2009.” Read More
American Apparel may have done plenty of sleazy things over the years (and Gawker may have chronicled them exhaustively), but it looks like the company’s downfall is going to be boring and business-related rather than scandalous and boob-related. According to the LA Times, American Apparel said Read More
