[Follow-up Discussion] American Private Investors Acquire American Apparel
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[Follow-up Discussion] American Private Investors Acquire American Apparel
Re: [Follow-up Discussion] American Private Investors Acquire American Apparel
Quote:
"DECEMBER 22, 2006 -- American Apparel Inc., Los Angeles, and Endeavor Acquisition Corp., a specified purpose acquisition company located in New York, recently announced that the two companies have signed a definitive merger agreement." (more)
Im not an economist, just a little guy making t-shirts, but this could be the stepping stone for "aa" to expand the MEGA brand it already is beyond reach. Who knows, "aa" airlines, cell phones etc. Look at Virgin and Tubular Bells.
Perhaps its a push in the right direction.
Good luck "aa".
Re: [Follow-up Discussion] American Private Investors Acquire American Apparel
Quote:
Originally Posted by T-BOT
Im not an economist, just a little guy making t-shirts, but this could be the stepping stone for "aa" to expand the MEGA brand it already is beyond reach. Who knows, "aa" airlines, cell phones etc. Look at Virgin and Tubular Bells.
Perhaps its a push in the right direction.
Good luck "aa".
Lucy, are you talking world domination?
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Re: [Follow-up Discussion] American Private Investors Acquire American Apparel
Quote:
Originally Posted by Jasonda
This is interesting stuff. I thought Mr. Charney would keep an iron grip on AA until his dying day.
Me too. Well, except substitute "his dying day" for "its dying day" because I think in that case he would have outlived the company. Now I think he's doomed (I don't see how he can stay working at AA in the longterm with shareholders to answer to; maybe they'll look past his shenanigans to his job performance, but I can't help but think the job performance would be even more impressive without the personal problems).
Re: [Follow-up Discussion] American Private Investors Acquire American Apparel
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Originally Posted by Solmu
Now I think he's doomed (I don't see how he can stay working at AA in the longterm with shareholders to answer to; maybe they'll look past his shenanigans to his job performance, but I can't help but think the job performance would be even more impressive without the personal problems).
I think so too, but at the same time, why would he sell the company if it meant inevitable doom for his job there? It doesn't make sense.
Re: [Follow-up Discussion] American Private Investors Acquire American Apparel
Quote:
Originally Posted by Jasonda
I think so too, but at the same time, why would he sell the company if it meant inevitable doom for his job there? It doesn't make sense.
Millions and millions of dollars?
For all I know he's talked it over and knows his job is safe, but either way the sale was probably a good deal for him. He can take his millions and start a new business if he likes being a CEO that much.
Re: [Follow-up Discussion] American Private Investors Acquire American Apparel
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Originally Posted by Solmu
Millions and millions of dollars?
Thanks, Captain Obvious.
Quote:
Originally Posted by Solmu
For all I know he's talked it over and knows his job is safe, but either way the sale was probably a good deal for him. He can take his millions and start a new business if he likes being a CEO that much.
Yeah.. either he made some kind of deal with them (but I'm not convinced ANY deal would protect him 100% from the backlash from his shenanigans) or he was planning to jump ship anyway. We shall see!
Re: [Follow-up Discussion] American Private Investors Acquire American Apparel
Quote:
Originally Posted by Jasonda
Thanks, Captain Obvious.
Hehe, well I do think it's a pretty compelling reason
Quote:
Originally Posted by Jasonda
Yeah.. either he made some kind of deal with them (but I'm not convinced ANY deal would protect him 100% from the backlash from his shenanigans) or he was planning to jump ship anyway.
I think it partly depends on whether or not he's ready to turn over a new leaf. The past can probably stay in the past, so he probably just needs to stop making new mistakes.
Re: [Follow-up Discussion] American Private Investors Acquire American Apparel
Dov Sold "AA".
ok, so here is a short story.
During the mid 90's there was no one selling catalog cotton stretch fitted tops.
When you asked Fruit in Troi Riviers and other big t-shirt makers about it they simply told you. "It does not sell".
By now, fashion was changing from Big loose tops and Tight legging bottoms to tight fitted tops and loose bell bottoms like in the 70's.
Lycra and Stretch fabrics was on the up trend and even Ms. Miller would refused to wear pantyhose to the office with out Lycra by now. lol This is when Sara Lee started buying out Hosiery mills and companies like Dim and Fillodoro.
At the same time Calvin Kline and other designers introduce the bare leg natural look and a new sense of sexy freedom apparel was born in fashion.
Then comes Dov and "aa" into the picture, " If you dont buy 1,000 shirts from me this week my father is going to throw me out ", I think he was serious and sincere with that statement one of his post card mail outs. That was that, from this point on "aa" took off.
Dov's crazy promo/marketing punch lines and ideas were and are hard to ignore, that's one the things that makes "aa" different.
Look at it today in 2007, a gazillion companies all have the fitted sexy models wearing Dov's concept and cashing in on it.
Come on people. Give this guy Dov the credit he deserves.
Re: News: Private Investors Acquire American Apparel 
