Need to Register?

la32brn · December 27th, 2006

Thanks for posting the article.

Rodney · December 27th, 2006

Wow, that's big news! Thanks for posting it, Lewis.

Rodney · December 27th, 2006

Here's a follow up discussion thread for the news that American Apparel was recently acquired by another company. New story posted here:
News: Private Investors Acquire American Apparel

T-BOT · December 27th, 2006

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".

Solmu · December 31st, 2006

Quote:

Originally Posted by la32brn


	Thanks for posting the article.

Quote:

Originally Posted by Rodney


	Thanks for posting it, Lewis.

No worries.

Quote:

Originally Posted by Rodney


	Wow, that's big news!

Quote:

Originally Posted by T-BOT


	this could be the stepping stone for "aa" to expand the MEGA brand

Yeah, it's definitely big news.

Presumably this means a board of directors, which has interesting implications.

prometheus · December 31st, 2006

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?

Solmu · January 1st, 2007

There's an earlier article in the New York Times about the acquisition too:
http://www.nytimes.com/2006/12/18/bu...nd-retail.html

(there are a couple of glaring typos in that article, which seems kind of odd for a paper of the calibre of the NYT)

The Times article gives a lot of interesting details on the deal and the company, definitely worth a read.

Jasonda · January 1st, 2007

This is interesting stuff. I thought Mr. Charney would keep an iron grip on AA until his dying day.

Solmu · January 2nd, 2007

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).

Jasonda · January 2nd, 2007

Quote:

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.

Solmu · January 2nd, 2007

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.

Jasonda · January 2nd, 2007

Quote:

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!

Solmu · January 2nd, 2007

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.

Quote:

Originally Posted by Jasonda


	We shall see!

Need to Register?

Preferred Vendors
View Offers

Resources

T-Shirt Sites

[Follow-up Discussion] American Private Investors Acquire American Apparel

Need to Register?

Preferred VendorsView Offers

Resources

T-Shirt Sites

[Follow-up Discussion] American Private Investors Acquire American Apparel

Preferred Vendors
View Offers