Top Leaderboard, Site wide
July 31, 2014
Truthdig: Drilling Beneath the Headlines
Help us grow by sharing
and liking Truthdig:
Sign up for Truthdig's Email NewsletterLike Truthdig on FacebookFollow Truthdig on TwitterSubscribe to Truthdig's RSS Feed

Newsletter

sign up to get updates








Truthdig Bazaar more items

 
Ear to the Ground

Surprise Sale for Progressive Clothing Maker

Email this item Email    Print this item Print    Share this item... Share

Posted on Dec 18, 2006
American Apparel
dragonballyee.com

American Apparel’s controversial founder has sold the clothing company to an investment firm for $382.5 million. The company made a name for itself by manufacturing guilt-free clothes in downtown Los Angeles, where it pays workers double the minimum wage and offers them healthcare, free meals and English lessons.


New York Times:

At the heart of American Apparel are two threads: a high-minded business model that requires clothes to be made in the United States at double the minimum wage, and a retro-chic that glamorizes the T-shirt-and-jeans simplicity of the 1970s and ‘80s.

All of the clothing sold at the chain is manufactured at a factory in downtown Los Angeles, rather than in Asia, where the vast majority of its competitors’ goods are churned out. American Apparel provides its employees with subsidized health care and meals and with free English classes.

The company’s progressive message has won over thousands of young urbanites—Mr. Charney refers to them as “Young Metropolitan Adults”—who flock to the chain for bright-colored T-shirts, leggings and underwear. American Apparel is expected to sell $275 million worth of them in 2006.

But as American Apparel has expanded, its founder, Mr. Charney, has been dogged by accusations of sexual harassment and a bizarre management style that could make it harder for him to operate within the traditional boundaries of a publicly traded company.

Read more

More Below the Ad

Advertisement

Square, Site wide

New and Improved Comments

If you have trouble leaving a comment, review this help page. Still having problems? Let us know. If you find yourself moderated, take a moment to review our comment policy.

 
Right 1, Site wide - BlogAds Premium
 
Right 2, Site wide - Blogads
 
Join the Liberal Blog Advertising Network
 
 
 
Right Skyscraper, Site Wide
 
Join the Liberal Blog Advertising Network
 

A Progressive Journal of News and Opinion   Publisher, Zuade Kaufman   Editor, Robert Scheer
© 2014 Truthdig, LLC. All rights reserved.