Dov Charney's Sleazy Struggle For Control Of American Apparel

Businessweek Puts The Squeeze On American Apparel's Dov Charney

When I first reach Dov Charney on June 24, he’s scrambling to raise money, find a partner, try anything to get his company back. His handpicked board of directors had ousted him from American Apparel six days earlier following an investigation that turned up several instances of alleged misconduct. “They’re concerned that an unconventional leader somehow damages the company’s chances of success. But a contrarian, alternative-thinking CEO can bring creative ideas that advance the company, even the industry,” he says. “Oh wait, got to take this.” He hangs up.

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