Paula Schneider news and archive

Former CEO of American Apparel Paula Schneider steps away from fashion industry

Former chief executive officer of American Apparel Paula Schneider is moving out of fashion and into a new career. After working at various retail companies, she was recently confirmed as the new president and chief executive officer of Susan G. Komen. The breast cancer organization's headquarters are currently located in Dallas. As head of the...

Report

Paula Schneider parts ways with Delta Galil

After barely serving for over six months as the chief executive of DG Premium Brands division under Delta Galil, Paula Schneider has decided to part ways with the company, reports Modaes.es. Schneider had joined the Israeli group from American Apparel, to drive businesses of brands such as 7 For All Mankind , Splendid and Ella Moss. Before...

ManagementFeatured

American Apparel files for Chapter 11 once more

London - American Apparel has voluntarily filed for Chapter 11 bankruptcy protection in the United States once more, less than a year after it emerged from its first filing under court protection. The second bankruptcy comes as American Apparel agrees to sell its its global intellectual property rights related to the brand and certain assets to...

Fashion Featured

Timeline: The American Apparel saga continues with whispers of a sale

American Apparel has found itself under the spotlight once more, as news emerges that its new owners and former creditors have hired investment bank Houlihan Lokey to investigate options for a sale. A potential sale would come six months after the LA-based retailer exited its Chapter 11 Bankruptcy and kicked started its restructuring scheme,...

BusinessFeatured

The 'big loser' of American Apparel's filing for Chapter 11 is Dov Charney

London - American Apparel has found its way into the media spotlight once more as news broke the troubled fashion retailer filed for bankruptcy protection on Monday. The fashion company, which filed for Chapter 11 in the US Bankruptcy Court in Delaware this morning, aims to reorganise its debt - a move set to hit the company's ousted founder,...

Business

American Apparel taps Moelis & Co. to explore strategic options

A week after Los Angeles-based fashion retailer American Apparel confirmed a possible takeover bid, rumours have emerged the retailer has hired investment bank Moelis & Co. to investigate strategic options for the company's future. According to WWD, sources familiar with the matter Moelis & Co. will review the retailer's current capital...

People

Paula Schneider replaces Charney as CEO of American Apparel

The Board of Directors of American Apparel has appointed veteran fashion executive Paula Schneider as Chief Executive Officer, effective January 5, 2015. This appointment follows the termination of Dov Charney, former President and Chief Executive Officer, for cause in accordance with the terms of his employment agreement. Scott Brubaker, who...