Dov Charney’s 2.0: Los Angeles Apparel

Matthew Townsend, reporting for Bloomberg:

But American Apparel’s 2015 bankruptcy wiped out most of his net worth, so where would he get the money? Didn’t his tawdry past of sexual harassment allegations make him radioactive? And shouldn’t American Apparel’s collapse prove that making clothes in the U.S. is a fool’s errand?

Yet here he is, at 48, overseeing a startup with seamstresses and fabric cutters and boxes of T-shirts waiting to be shipped across the country. He’s on, he’s riffing, he’s explaining the benefits of immigration, he’s envisioning a company that will someday hit $1 billion in revenue. (American Apparel topped out at $634 million in 2013.) “We’re building, grooving, growing,” Charney says.

His new company, Los Angeles Apparel, was launched late last year as a wholesale business — just like American Apparel’s origins in 1989 — selling blank basics such as T-shirts and sweatshirts.

Very similar brand aesthetic to American Apparel, too, but with Microgramma subbed in for Helvetica Neue as the company typeface.

Tuesday, 18 July 2017