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. View this image › Bloomberg/Bloomberg American Apparel’s board is “hopeful” that shareholders and lenders will understand why they decided to oust its visionary, albeit mercurial,…
Returns… 1. Holidays //instagram.com/p/n6D0bjJA8G/embed/ instagram.com What it usually means: A time to relax and enjoy time off with your loved ones.What it means for retail workers: The most horrific, exhausting time of the year, and the only place to hide is the stock room. 2. Sensors //instagram.com/p/nt0mzgzWKz/embed/ instagram.com What it usually means: Items that prevent…
Robert Hanson’s abrupt firing in January after less than two years on the job came as a shock to employees and followers of American Eagle. Current and former employees tell BuzzFeed the decision was born out of friction with the old guard, who balked at the very changes they brought him on to make. View…
Urban Outfitters has been reselling Harley-Davidson-branded merchandise under its Urban Renewal label. The motorcycle company says the items, made without its permission, represent “flagrant violations” of “standards for products branded with the Harley-Davidson marks.” Update: Urban’s lawyer responds. Harley-Davidson says Urban Outfitters has “mutilated” its marks. View this image › H-D USA LLC vs. Urban…
Holiday shopping is about to kick into high gear, and retailers are ramping up efforts to capture sales at multiple touchpoints — not just their stores. Google’s retail team, in fact, is calling this the first “Nonline” shopping season, contending that consumers, accompanied by smartphones wherever they shop, no longer see a divide between online…
The retailer’s board will mostly be replaced as Standard General lends up to $25 million to the company. There’s a still a chance Charney could return as CEO. View this image › Bloomberg/Bloomberg Thanks to a deal with hedge fund Standard General, American Apparel’s Dov Charney has managed to replace most of the board that…
That would be almost 8.5 million pairs of $100 yoga pants. View this image › Shannon Stapleton / Reuters / Reuters Chip Wilson, the controversial founder of yoga-wear retailer Lululemon, just sold half his stake in the company to a private equity firm for a whopping $845 million. Advent International, which previously invested in Lululemon…