American Apparel Inc. has its new board members in place, and that means Dov Charney’s future could be decided soon.
The four new designees, with different terms expiring in connection with annual shareholders meetings, are: David Glazek as a class A director whose term expires in 2017; Thomas J. Sullivan as a class B director, with his term expiring in 2015, and Colleen B. Brown and Joseph Magnacca as class C directors, with their terms ending in 2016. New York-based hedge fund Standard General has the ability to designate a fifth member but has not done so yet.
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)