• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    American Apparel Hired Investment Banks To Help Resolve "Internal Strife"

    2014/12/31 16:01:00 27

    American ApparelInfightingInvestment Banks

    It is reported that American Apparel has hired investment bank Moelis to explore the future strategy.

    Moelis will classify potential acquirers, such as Irving Place Capital, and will also examine the capital structure of the company.

    This may indicate that American Apparel has entered a stage in which multi-party forces compete for high-profile American Apparel control.

    This time is rather tricky for the company, not only with the Irving Place John Howard that covetous, but also under the new leadership to seek a turning point, and to prevent the prosecution of the founder of Dov Charney, who has been prosecuted for over $100 million.

    The share price of American Apparel has surged in recent weeks amid the cheering of acquisitions. It is said that Howard has indicated that the company may be worth up to $1.40 per share.

    Shares traded at 50 cents this month, which last Friday stabilized at $1.06, giving the company a market value of $185 million.

    But Charney, the founder of the company, still leaves many questions.

    He is the largest shareholder of the company, holding 43% of the shares, and Standard General has the right to vote in his stock.

    But Charney and Standard General, who had more say in the board, fell out and finally dismissed him this month.

    American Apparel appointed Paula Schneider as CEO and Colleen Brown as chairman.

    The company said that if the founder gave up the prosecution, it would provide millions of dollars for the founder to be a consultant, but the paction was not realized.

    In a statement issued by the US media last week, Charney explained: "fundamentally, I can not go beyond the board of directors to solve the problem of its composition.

    If I solve, companies and all stakeholders may be placed in a dangerous position.

    "Wei"

    For Charney, American Apparel is not just a job - it's a passion that he seems unlikely to give up soon.

    "The most interesting and exciting thing is that

    American Apparel

    We are building an enterprise involving manufacturing, distribution and retail products, "he said.

    "American Apparel provides jobs and opportunities in the United States.

    This is so exciting for me. We have proved that the commercial mode of manufacturing and using non sweatshops in the United States is not only applicable but also competitive and successful.

    "I continue to focus on creating employment opportunities, especially in Losangeles.

    clothing

    The industry sweatshop model can be broken, "he said.

    "This has been my life journey."

      

    Charney

    The company has been unable to expand, and for the past four years, due to "constrained capital structure, this has weakened the company's ability to manage raw material procurement in a timely manner, and to some extent, its manufacturing process maximizes sales and profitability."

    American Apparel has 245 stores, but people who have studied business believe it can expand to about 500.

    "So far, the profitability of American Apparel has been hampered by the leveraged capital structure that bears the global financial crisis of 2008," Charney said.

    "According to the company's existing debt obligations, the prospects of American Apparel will continue to be challenged."

    Charney continues to look for support within the company and employees, and employees are competing against it with a new website.

    With the recruitment of Moelis, the battle for American Apparel seems to be back to the starting point.

    According to people familiar with the matter, Charney thought the struggle started, and American Apparel began to encourage sales in February.

    But before that, the board of directors proposed to remove Charney and persuade him to agree to issue shares to dilute his shares, thereby weakening his strength.

    This is part of the controversy that Charney thinks he can make to court.


    • Related reading

    Next Sales Grew Faster Than Expected In The Holiday Season

    Company news
    |
    2014/12/31 15:52:00
    24

    Lululemon Net Sales Growth In The Third Quarter

    Company news
    |
    2014/12/31 15:41:00
    24

    POOVE And "Free Lunch" Walk Into Guizhou To Create Dreams For Rural Teenagers

    Company news
    |
    2014/12/31 15:08:00
    23

    Anta Sports: Recovery After Recession

    Company news
    |
    2014/12/31 11:57:00
    38

    永輝欲激活供應鏈 四度增持中百股份

    Company news
    |
    2014/12/30 21:49:00
    18
    Read the next article

    Garment Enterprises Want To Increase Efficiency Through Pformation And Upgrading.

    The sales revenue of Shandong clothing industry descended obviously, and the economic efficiency recovered slightly. Shandong will promote clothing enterprises to adapt to the new normal economic situation, make use of the business opportunities brought by the new economic normal, stimulate export and promote output, and achieve a leap from "manufacturing products" to "making brands", from "qualified manufacturing" to "quality manufacturing".

    主站蜘蛛池模板: 91精品国产9l久久久久| 亚洲综合综合在线| 中文字幕网伦射乱中文| 色综合久久久无码中文字幕波多| 日本韩国在线视频| 国产亚洲精品仙踪林在线播放| 久久婷婷五月综合色精品 | 色综合综合在线| 无码专区久久综合久中文字幕| 国产亚洲人成网站在线观看| 久久久久久a亚洲欧洲AV| 色综合天天综合高清网国产| 无码超乳爆乳中文字幕久久| 嗯~啊太紧了妖精h| 一边伸舌头一边快速喘气音频原声| 精品国产呦系列在线看| 女人张开腿让男人做爽爽| 人妻妺妺窝人体色WWW聚色窝| 99久久99久久精品免费观看| 欧美精品xxxxbbbb| 国产精品JIZZ在线观看无码| 久久综合香蕉国产蜜臀AV| 蜜臀精品无码av在线播放| 成人毛片18女人毛片免费96 | 无翼乌无遮挡h肉挤奶百合| 国产**毛片一级视频| 一本色道久久鬼综合88| 清超市欲目录大团结| 国产精品免费一区二区三区| 九九久久精品国产AV片国产 | 男女性潮高清免费网站| 国产观看精品一区二区三区| 亚洲va在线va天堂va不卡下载| 高龄五十路中出| 成人免费无码精品国产电影| 人成免费在线视频| 你懂的国产精品| 日本一区视频在线播放| 免费无码黄网站在线观看| 50岁丰满女人下面毛耸耸| 日韩精品一区二区三区老鸦窝|