American Apparel Inc.’s future might be on the line, but chief executive officer Dov Charney is still selling.
The cash-squeezed retailer said Tuesday that it might not be able to continue as a going concern and that, without a concession from its lender, the company would likely trip a financial covenant next month, causing a potential cascade of debt repayments.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)