FiveT Capital decided not to stay around for the fight over American Apparel Inc.
The Zurich-based investor sold off 14.9 million shares of the company last month for $10.1 million, according to a regulatory filing today. Most of the stock sales occurred after the company ousted founder Dov Charney as president, chief executive officer and chairman, for alleged misconduct.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)