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All stories relating to American Apparel

The Goods

Business of Fashion

2 Comments

Since Groupon is saving American Apparel, will Dov Charney resume his post as hipster Jesus?

With crippling financial problems, alleged CEO improprieties and leaks about its outrageous hiring policy, it seemed that American Apparel was headed into the ground, and fast (we’d already picked out a V-neck T and skinny jeans for the funeral). The latest numbers suggest, however, that the beleaguered company could live to see another day. American Apparel reported an impressive 15 per cent increase in sales in December over the same month last year, mostly due to a hugely successful Groupon deal that has already translated into the purchase of 150,000 garments. (We’re sure that’s welcome news for the group of Canadian investors, headed by Delavaco Capital and Michael Serruya, that gave the company a boatload of cash last spring.) CEO Dov Charney’s hipster Jesus status hasn’t been reclaimed just yet, but he’s certainly made us take notice. Woody Allen was not available for comment.

Image: Dov Charney, dovcharney

Dov Charney Remarks on American Apparel’s Sales Gains [WWD]

The Hype

From the Print Edition

25 Comments

How the music now ruling the rap charts became so decidedly middle-class

Organzied Rhyme

(Image: Gluekit; D-Sisive by Melanie Moore; Shad by Christine Lim; Drake by Christian Lapid/CP Images; Airplane Boys by Justin Create)

At 3:46 a.m. on December 12, 2010, a post titled “Introducing The Weeknd” appeared on the blog of Toronto’s most famous rapper, Drake. Two songs—“What You Need” and “The Morning”—revealed a new R&B singer to the world and kick-started a rabid following. The Weeknd’s free nine-song release House of Balloons garnered 200,000 downloads in its first three weeks, and his videos have been watched on YouTube hundreds of thousands of times. It’s been a rapid rise, like that of his mentor, Drake, whose 2010 full-length debut Thank Me Later went platinum in the U.S. just over a month after its release. This is Toronto’s hip-hop moment, and the city’s steadfast identity as safe, stable and middle-class—once the basis of its lack of rap credibility­—is the reason.

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The Goods

Business of Fashion

4 Comments

Canadian investors attempt to save a failing American Apparel

Will Canadian investment help us love this man? (Image: Dov Charney)

American Apparel has been in a lot of hot water in the past, from their CEO’s shenanigans (if you can call alleged sexual harassment that) to their myriad financial difficulties. But thanks to a group of Canadian investors, the company seems safe for the time being. The investors, led by Delavaco Capital and Michael Serruya (a co-founder of ice cream manufacturer Cool Brands), are giving the beleaguered company $14.2-million up front for shares with approximately $27-million in warrants to buy additional stock later. Sure, restructuring debt and focusing on a return to profitability sounds like a smart business decision, but we’d like to note that the combination of an ice pops purveyor and a company with notoriously porn-inspired ad campaigns sounds like a match made in heaven.

  • Canadian investors rescue American Apparel [Globe and Mail]
  • The Goods

    From the Print Edition

    9 Comments

    Good Stuff Cheap: ladies and gentlemen, here’s how to put together a party outfit for under $200

    We challenged two style bloggers, Ryan Michael Cheung (of four1sixfive1four.tumblr.com) and Afiya Francisco (of thestylehouse.ca), to put together a party outfit for $200. They did it, shoes and all


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    The Goods

    Good Stuff Cheap

    Comments

    Sales roundup: friends and family sales at American Apparel and Restoration Hardware, plus a Lacoste warehouse sale

    FASHION AND BEAUTY

    AMERICAN APPAREL
    Print out this flyer and get 20 per cent off your purchase. Until Nov. 14. Various GTA locations.

    ESPRIT
    At this warehouse sale, clothing and accessories for men and women are up to 80 per cent off regular price. View the sales flyer here. Nov. 24, 6–9 p.m.; Nov. 25 and 26, 9–9; Nov. 27 and 28, 9–6. Queen Elizabeth Building, 190 Princes Blvd.

    JOSEPHSON OPTICIANS
    The venerable Toronto eyewear chain is holding its annual sale, with up to 70 per cent off frames. Until Nov. 30. 60 Bloor St. W., 416-964-7070, plus five other GTA locations.

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    The Goods

    Shop Talk

    2 Comments

    Unhappy hipsters: is Dov Charney out at American Apparel?

    The unhappiest hipster (Image: Dov Charney)

    With Tuesday’s news that pleated pants purveyor American Apparel may have to declare bankruptcy, shares plummeted into penny-stock range, raising questions about flamboyant CEO Dov Charney’s tenure at the company. The Financial Post writes that if a new investor comes in to save AA, the company would “almost certainly” push Charney out. If Charney is forced out, the Post theorizes “investors and observers would lose perhaps the most colourful Canadian chief executive of a public company.”

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    The Goods

    Shop Talk

    4 Comments

    Death watch: American Apparel close to bankruptcy

    It's not just the pleats that make her sad

    Like so many pairs of discarded jeggings, the bad news keeps piling up for American Apparel. This time, the company has issued a warning that there is “substantial doubt that the company will be able to continue as a going concern,” meaning that AA is close to liquidation and bankruptcy. Shares of the stock fell 15 per cent yesterday, after already losing 55 per cent of their value since January. In its most recent report, the company also noted losses of up to $7 million, a likely breach of its loan with creditor Lion Capital, and warns that losses are likely to continue through the third quarter. Guess the rebranded ads haven’t helped much. We hate to see any business go under, but perhaps the closure of AA will mean we’ll finally stop seeing dudes wearing shirts like this at Hanlan’s Point.

    American Apparel warns about mounting debts and losses [BBC]

    The Informer

    Summit Survivor

    3 Comments

    “Furious” Miller to Torontonians: “Take a deep breath”

    “Take a deep breath,” an angry Mayor David Miller told Torontonians on Newstalk 1010 a few minutes ago when asked about the violence spreading through downtown Toronto. The mayor has been in constant contact with police chief Bill Blair. “I am furious,” said Miller. “Be calm, despite the actions of a relatively small group of people. Allow the police to do their work to make sure we’re safe.”

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    The Goods

    Shop Talk

    4 Comments

    American Apparel just can’t catch a break, heinous hiring policy exposed

    Beleaguered clothing retailer American Apparel is in hot water yet again, this time after part of its hiring policy, which states that job applicants must be approved via a “full-body head-to-toe” photo, made its way to Gawker. AA brass says the body shots aren’t to determine attractiveness, but rather, to determine if a potential employee has the sartorial know-how to pull off, say, a lace onesie.

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    The Goods

    Shop Talk

    14 Comments

    Death of the hipster? American Apparel in serious financial trouble

    (Image: American Apparel)

    We might soon be shopping for our low-cut V-neck tees at Urban Outfitters, because American Apparel is in some dire financial straits. Last March, the company secured an $80-million loan that helped it escape a looming bankruptcy, and yesterday, American Apparel shares dropped 42 per cent when it revealed it likely won’t meet its obligations to debtors.

    In trying to fix its financial woes, the company has delayed filing its first quarter results, leading the American Stock Exchange to consider delisting the stock. In Toronto alone, there are seven American Apparels to sate the need for shiny metallic spandex tights, but same-store sales in Canada are down 15 per cent (they’re down three per cent in the States). If American Apparel goes under, where will we get our semi-pornographic advertising? Oh, wait.

    American Apparel’s latest financial mess [New York]
    American Apparel shares sink [Reuters]

    The Dish

    Bottoms Up

    4 Comments

    I will survive: Crews and Tango reopens tonight (finally)

    Crews and Tango in its old incarnation (Image: Google)

    It’s been a year since Crews and Tango, the Village main drag’s main drag bar, shuttered. Over that time, the neighbourhood experienced a downward spiral as the area’s stores and restaurants closed left and right: Carman’s, American Apparel, Bigliardi’s, Lettieri, Zelda’s, Statlers, Pita Pen, Il Fornello, etc. But tonight, the former hot spot will welcome its 20-something clientele once again—part of a local turnaround that is making “there goes the gaybourhood” jokes seem laughably premature.

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    The Goods

    Required Reading

    Comments

    The Necky is the new Snuggie, André Leon Talley to judge ANTM, Rachel McAdams’s Vogue cover, Dov Charney strikes again

    dovcharney

    Who wouldn't take beauty advice from Dov Charney? (Photo by Legalize LA)

    Rachel McAdams is on the cover of January’s Vogue, wearing floral print, a cardigan and a terrible hairdo. She’s a Toronto girl, so we’re full of pride, especially because Vogue covers tend to be reserved for the same few American and British celebs. But we can’t get over that hair, which has been described as Kate Gosselin–esque, and that’s never a good thing. [Lainey Gossip]

    Dov Charney is at it again. The mustachioed CEO of American Apparel is apparently telling staffers how to tweeze their brows. In an e-mail sent to employees, Charney attached a picture of a female with over-plucked eyebrows (in an AA store, no less) captioned “No”; also attached was a shot of the apparently more ideal Brooke Shields eyebrows, captioned with a “Yes.” One of the company’s employees is appalled at how the e-mail was directed at women, but really, beauty tips are pretty harmless compared to Charney’s other alleged exploits. [Jezebel]

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    The Goods

    Good Stuff Cheap

    Comments

    Sales roundup: Canadian designer sample sale, American Apparel rummage sale, One of a Kind Show

    FASHION AND BEAUTY

    AMERICAN APPAREL
    Nothing is over $50 at this weekend rummage sale, where the clothes are up to 85 per cent off. Nov. 27 to 29. 590 King St. W., americanapparel.net/whatsnew/Index.aspx?p=914.

    CROCS
    For all secret Croc lovers out there, this is the company’s first warehouse sale. Prices start at $5. Nov. 25 to 29. International Centre, Hall 4, 6900 Airport Rd., styledemocracy.com/?p=442.

    FGI SAMPLE SALE
    Fashion Group International’s sample sale includes deals on such Canadian clothing and accessories designers as David Dixon, Philip Sparks, Jessica Jensen and Jenny Bird. Nov. 26 and 27. 11–8. Liberty Market Building, 171 East Liberty St., Ste. 118.

    FRESH COLLECTIVE
    Laura-Jean Bernhardson has been designing the geek-chic line Fresh Baked Goods for 15 years. In celebration of the anniversary, all regular-price items from the label—cute dresses and knit sweaters galore—are 15 to 50 per cent off. 692 Queen St. W., 416-594-1313.

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    The Goods

    Toronto Fashion Week

    1 Comment

    Bustle puts on a hopping show with Rick Mercer, Shinan Govani and Stacy McKenzie

    Photo by Jenna Marie Wakani

    Rick Mercer on the catwalk for the Bustle show (Photo by Jenna Marie Wakani)

    Who says Canadians don’t appreciate their own celebs? With cameos from Rick Mercer, gossip columnist Shinan Govani and model Stacey McKenzie, last night’s Bustle show was the highlight of the evening.

    Set up on the Bustle runway was a large wicker lounge chair, a drink cart, bar and barbecues. Govani tended bar, with Mercer behind the barbecue. What fun, we thought, and then remembered that we were there to look at the clothes.

    Though it was an Ontario lake scene projected onto the back wall, the Hamptons was the clear reference. We watched the male models strutting in preppy shorts and blazers but were distracted by a bikini-clad McKenzie wheeling the drink cart down the runway and handing caesars to front-row spectators. At one point, she licked a celery stalk and popped it into the mouth of an unsuspecting man. Funny, yes, but what about the clothes? There were polos and shorts, cardigans and plaid shirts, all in saturated hues of raspberry, purple, red and teal with pops of white. The blazers were oh-so Chuck Bass (in a good way), and the hoodies were very American Apparel (in a boring way).

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