AA Company Is The Founder Of The Big Shareholder

Dov Charney and Standard General used to be "close" comrades, and Dov Charney mortgaged their American Apparel Inc. shares to the fund, but eventually they could only hand over their shareholdings and voting rights to each other.

Continue to work hard against the company founded by American Apparel Inc. (NYSEMKT:APP), expressing its dissatisfaction with being fired.

Last Thursday, Dov Charney filed a claim of $30 million against the company's largest shareholder and private equity fund Standard General LP, after claiming $40 million in labor compensation at the end of March.

According to the Losangeles court document numbered No. BC581130, Dov Charney sued Standard General LP through its American Apparel Inc..

Paying outside law firm Jones Day to manufacture Dov Charney is no longer suitable for public opinion as chief executive officer of American Apparel Inc., including a "

"Dov Charney claims that Standard General expresses its respect to the media. The decision of the American Apparel Inc. board to dismiss Dov Charney is based on the third party investigation, which is a slander, and it is" persecution "and" disguise "of Standard General.

For the prosecution of Dov Charney, Standard General calls it unreasonable.

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In the second quarter, the net profit of Johnson Outdoors was US $3 million 600 thousand, or $0.36 per share, compared with the net profit of 7 million 400 thousand US dollars in the same period last year, compared with the 0.67 profit per share.

Net sales amounted to US $133 million 100 thousand, an increase of about 7 percentage points compared with us $124 million 300 thousand in the same period last year.

The negative impact of foreign exchange conversion on revenue is 2 percentage points.

"Because of the strong dollar, the gross profit of the company suffered a loss of 1 million 400 thousand dollars.

In addition, the increase in operating costs in the quarter resulted in an increase of $7 million in gross margins, including an increase of 1 million in sales costs, 2 million 600 thousand in legal fees, 1 million 400 thousand in additional promotional fees, and an increase of 800 thousand dollars in warranty costs. "

In the various business units of Johnson Outdoors, the navigation electronic products headed by Minn Kota brand increased by 9 percentage points over the same period last year.

"Sales of outdoor equipment surged by 11 percentage points, driven by sales of consumer camping products, and Jetboil brand performed particularly well."

In the 2014 fiscal year, Johnson outdoor annual net sales amounted to US $425 million 400 thousand, slightly lower than the previous year's US $426 million 500 thousand, and the 7% growth in the second half of the year basically offset the loss in the first half of the year.

Outdoor and Maritime Electronics business has become the two strongest business unit in the year.

Strong new product R & D capability is also the backbone of Johnson outdoor development. For 10 consecutive years, new products have accounted for 1/3 of the total sales of the company, pushing local sales growth by 3%.

It is worth mentioning that the brand Jetboil of the cooker purchased at the end of November 2012 has maintained a strong growth momentum. The government's order boosted the sales volume of the outdoor products division as a whole, up 7%.

In the past fiscal year, the total sales volume of outdoor utility department reached 47 million 443 thousand US dollars, up 7.3 percentage points from the same period last year, accounting for 11.2% of the total sales.