American
Apparel is a leading basics brand for young adults and people of all
ages, with both wholesale and retail divisions globally. The company
is known for cutting-edge advertising and product branding. Its "Made
in Downtown LA" operations have contributed to significant brand
awareness and a cult status worldwide.
American Apparel uses a vertically integrated business
model which minimizes the use of sub-contractors and offshore labor.
Knitting, dyeing, sewing, photography, marketing distribution and design
all happen in our Los Angles facilities.
American Apparel examines each part of its production process and implements
ways to reuse, recycle and diminish its ecological footprint on the
earth.
American Apparel uses a vertically
integrated business model which minimizes the use of sub-contractors
and offshore labor. Knitting, dyeing, sewing, photography, marketing,
distribution, and design all happen in their facilities in Los Angeles.
See an example of their product: View the
American
Apparel 2015-2016 Wholesale Catalog.
New Update February, 2016: On February 5, 2016 American
Apparel, LLC (the "Company"), announced that they have
emerged from chapter 11 as a private company after successfully implementing
its plan of reorganization, approved by the Delaware bankruptcy court
on January 27, 2016.
News Update October 2015: On October 5, 2015 it was
announced that American Apparel, and certain of its domestic subsidiaries
have voluntarily filed to reorganize under Chapter 11 of the U.S. Bankruptcy
Code in the U.S. Bankruptcy Court for the District of Delaware (the "Bankruptcy
Court"). The Company expects to complete the restructuring within
approximately six months. Read more about the
American Apparel Filing Chapter 11.
News Updated December 2014: On December 17, 2014 American
Apparel announced the termination of founder Dov Charney. You
can learn more at our
American Apparel terminates Dov Charney article on the Fashion Blog.
News Update June 18, 2014:
American Apparel Board Suspends Dov
Charney as CEO and Declares Intent to Terminate Him
for Cause. The Board of Directors of American Apparel, Inc. (NYSE
MKT: APP) voted to replace Dov Charney as Chairman and notified him
of its intent to terminate his employment as President and CEO for cause. It
is expected that the termination will be effective following a 30-day
cure period required under the terms of Mr. Charney's employment agreement. The
Board suspended Mr. Charney from his positions as President and CEO,
effective immediately, pending the expiration of the cure period. At
the same time, the Board appointed John Luttrell as Interim Chief Executive
Officer. Mr. Luttrell, who has been with American Apparel since February
2011 and currently serves as Executive Vice President and Chief Financial
Officer, will continue in those positions as well.
Summary
from April 2011:
American Apparel is a vertically integrated manufacturer, distributor
and retailer, based in downtown Los Angeles, California. They currently
employ approximately 10,000 people globally (about 5,000 in LA), and
operate more than 285 retail stores in 20 countries.
Within their business model, knitting, dyeing, cutting, sewing,
photography, marketing, distribution and design all happen in the company's
facilities in Los Angeles. The company operates the largest garment
factory in the United States, at a time when most apparel production
has moved offshore. With our recently opened stores in China, we are
now selling Made in USA clothing in the largest consumer market in the
world. American Apparel leverages
art, design and technology to advance the business process, while continuing
to pioneer industry standards of social and environmental responsibility
in the workplace.
2007:
American Apparel was a publicly traded company, having completed a merger
with Endeavor Acquisition Corp. on December 12, 2007
As you probably
already know, American Apparel was originally crafted by primarily
one person. The force behind American Apparel was founder
Dov Charney.
Here is a quote
from Dov Charney from the About Us section of the American Apparel
website from April 2011, "I am an intuitive designer.
I put it on and I see if it's tight or not. I love the touch of
fabric. I've seen photographs of Yves Saint Laurent in a fitting
and I thought, "That's how we do it!" I try on all my
underwear designs before they go into production. I am very pleased
by the rapid expansion of American Apparel this year and the continued
momentum our business is enjoying worldwide. I have welcomed a large
number of new employees into the family this year, and am happy
that in doing so they are able to earn a decent livelihood for themselves
and their families. American Apparel now employs 10,000 people across
the world and about 4,500 in our home of downtown Los Angeles. This
year we're on track to export more clothes internationally than
we have ever before, meaning we're sending Made in USA clothes to
China, Europe, Australia and South America. I am particularly proud
that so many of our long-standing manufacturing employees have become
shareholders in American Apparel which means they now have a direct
stake in American Apparel's financial success."
Learn more about American Apparel
at
www.AmericanApparel.net or
at the American Apparel
Investor Relations website.
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apparel companies.
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