Dov Charney teams up with private fairness firms in $300m bid to take back retailer after he was forced out in 2014 because of sexual harassment allegationsDov Charney is trying to buy back American Apparel,the fashion chain he was chief executive of until he was sacked following a series of sexual harassment allegations.[br]Charney, who had led the company since he first hit upon the plan in his Tufts University dorm room in 1989 until he was forced out in a 2014 boardroom coup, or has teamed up with private fairness firms Hagan Capital Group and Silver Creek Capital Partners in a $300m (£206m) bid for the troubled retailer. Continue reading...
Source: theguardian.com