Anyone with any news as to why we were up at Friday's close? I don't recall seeing a green closing in weeks; hopefully we will hear some positive news from APP soon.
I have a L-O-N-G way to go to break even here guys.
Sooooo, you stated that Paula has been managing App for nearly a year. Your time-line is incorrect. Paula came on board around the last part of Dec 2014.
dov did not have a clue on how to run this company. He was too busy with his post-it notes.
The man is a multimillionaire, I wonder how he mad his money????
"2014..RETAIL 1/22/2015 @ 9:44AM 21,274 views
New CEO Paula Schneider: How I'll Fix American Apparel
Paula Schneider is less than two weeks into her tenure as CEO of American Apparel, but she’s already set about correcting years of missteps by the clothing chain’s infamous founder Dov Charney."
Paula and her new organization are shaking things up at APP……
The NEW AMERICAN APPAREL is looking for a new look for their present mundane style.
Band of Outsiders’ Menswear Designer Heads to American Apparel
reneechastain9 are you telling us that the SEC appointed these ambulance chasers (SS&B) to investigate the firing of charney? I don't believe that you are that much of an idiot. Come on man and put on your reading glasses and tell actual truth. READ THE COMPLETE ARTICLE!!!
“The Company's Form 10-K annual report filed on March 25, 2015, disclosed that "[o]n February 5, 2015, the Company learned that the Securities and Exchange Commission had issued a formal order of investigation with respect to matters arising from the Suitability Committee's review relating to Mr. Charney. The SEC's investigation is a non-public, fact-finding inquiry to determine whether any violations of law have occurred. The Company intends to cooperate fully with the SEC in its investigation."
Obviously you are a dov supporter.
I am still here lurking......
Stull, Stull & Brody wants to assist us the shareholders with their lawsuit brought on by the lead shareholder dove charney. This man is sick; he does not want to see APP profitable if he’s not involved.
From NY Times
"Struggling American Apparel Begins Layoffs
By HIROKO TABUCHIAPRIL 1, 2015
American Apparel has started laying off about 180 employees mainly in manufacturing as part of a bid by its new chief executive to streamline the retailer’s money-bleeding operations."
This was a rather lengthy article. To find the complete article just do a Google search for American Apparel News.
Dov’s interview on 20/20 last night made him out to look out to be one sick puppy. The man is wacked. I’m not sure why his lawyer allowed him to do that interview that was taped in dov’s mansion. Obviously the lawyer and charney are of the same cloth. I hope that the SEC looks into how he is able to attain his lifestyle. He has been banned from the Company so his days of taping into the Company’s coffers are over.
Dov continues to live the high-life living in a 10-bedroom mansion somewhere near the LA area.
Paula came across as one steady individual that will be able to turn this Company around. There is such a dissimilarity between Paula and dov.
CORRECTION.... It is not Matt Gutman that is doing the interview. Not sure who the interviewer is, don't recognize the man.
20/20 which follows Shark Tank will have Matt Gutman interviewing the King of Sleaze charney tonight (3/27/15). Don’t sit too close to your TV you might catch airborne gonorrhea.
If someone from Intuit would go into the Quicken Support Chat link they will find that Quicken users (many) are complaining about not being able to download quotes. Today I got a few that were updated while others were left blank, that was earlier today. Now it is just very, very slow.
Dov has his cronies and tribe members following him under #teamdov. I say someone needs to get something going on #teamPaula. I chuckle when I see dov’s attorneys’ last name.
Well I believe that the SEC will be looking into APP’s losses and the cause of those losses. I just hope that Dov was not skimming money off the APP profits for his own personal use. He does not come across as an upstanding guy.
It is well known about his behavior with some of the ladies of APP.
Dov may end up in the slammer… who knows!
Buy for the long-term. I look forward to Paula and her crew to turn things around.
One of these days they will get it right. Their algorithm has changed again.
APP Earnings Date
Earnings announcement* for APP: Mar 23, 2015
American Apparel Inc is estimated to report earnings on 03/23/2015. The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 1 analysts' forecasts, the consensus EPS forecast for the quarter is $-0.02.
Read more: http://www.nasdaq.com/earnings/report/app#ixzz3UsYQpRPu
dov probably had problems with his arithmetic Things just didn't add up for him. It's no wonder the Company tanked while under his control.
God only knows, we need all the help we can get. The more women we employ to run this Company will
benefit both the employee's and shareholders. I am looking forward to seeing a new APP website maybe one with less skin. Our present web site lacks design when compared to other sites.
Thanks, just found it.
“(Bloomberg) -- American Apparel Inc. director Robert Mintz, a childhood friend of founder Dov Charney, resigned from the retailer’s board, according to two people familiar with the situation.”