TSB
General => Industry News/ Announcements/Press Releases/Product Promotion => Topic started by: TCT on December 29, 2016, 11:08:12 AM
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A podcast I listen to is doing like a 6 or 7 part series with Dov Charney. Following him along with his new company. Interesting stuff. Starts at season 4 episode 4 -
https://gimletmedia.com/startup/ (https://gimletmedia.com/startup/)
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These podcasts are awesome, a few people from our shop have listened to them. The part where the board moves to fire Dov is one of my favorite parts. They start the series off talking about Los Angeles apparel but spend the majority of the time talking about the downfall of AA and that's one of my only complaints. He's struck a deal with TSC and you can get his heavyweight hoodies already, the shirts will land in TSC warehouses in 2017. I bet they'll have samples of the new line at the TSC booth at ISS. They say he's already up to $1m in sales and he's got 60 employees already!
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Cool. I'm going to give this a listen over the weekend. Whats his new company called?
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Listening to the first one now... Wont fire a guy that punched him in the face... Im not sure how to feel about that, :o
I was going to put up the skit SNL did on him on weekend update, but cant seem to find it...
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His new company is Los Angeles Apparel. You can't really buy it anywhere yet besides the few pieces at TSC, they don't have a website and he's only selling to friends at the moment.
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good to know, thanks. Was wondering where US Blanks fits in to all this.
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good to know, thanks. Was wondering where US Blanks fits in to all this.
The same place Spectra fits, just another company with no association. US Blanks has been around for years.
These podcasts are awesome, a few people from our shop have listened to them. The part where the board moves to fire Dov is one of my favorite parts. They start the series off talking about Los Angeles apparel but spend the majority of the time talking about the downfall of AA and that's one of my only complaints. He's struck a deal with TSC and you can get his heavyweight hoodies already, the shirts will land in TSC warehouses in 2017. I bet they'll have samples of the new line at the TSC booth at ISS. They say he's already up to $1m in sales and he's got 60 employees already!
So the weird thing is, I can't think of 1 customer I'd be able to sell a rough heavy feeling shirt to... Not to mention the hoodies that TSC has are DAMN expensive! Who knows though, he has the hustle without a doubt!
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I've got a sample of that pullover hoodie and it's similar to the Champion S1051, just insanely heavy. It's about the same price as that Champion but USA-made, both are around $26, so comparatively it's not too high. Here's a pic of the label
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How long till the tags have half naked pictures of their employees? ;D
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How long till the tags have half naked pictures of their employees? ;D
I think that "ship has sailed"......
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So then when you are tearing out the tags for re labeling, you know who's hard work you are re selling!
He could go fun with it and make yearly sets, like baseball cards! "I collected the whole cutting dept. of 2017!" ;D
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The guy he planted at the FedEx drop off local was genius. The employee sex stuff, very not genius.
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The latest drama is that Amazon might be in the running for an American Apparel bid -
http://www.businessinsider.com/amazon-rumored-bid-for-american-apparel-could-solve-trump-problem-in-one-master-stroke-2017-1 (http://www.businessinsider.com/amazon-rumored-bid-for-american-apparel-could-solve-trump-problem-in-one-master-stroke-2017-1)
We'll see what happens when it all goes down next week!
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12 Billion in cash end of last quarter? We're for sale.
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Amazon's bid would be interesting considering they were trying to get a piece of the Zazzle/Cafepress DTG market awhile ago
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You ain't lying when you can put your hands on 12 billion in cash you way pass rolling ;)
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looks like a few more players have entered the game for the deadline tomorrow
http://www.reuters.com/article/us-americanapparel-m-a-idUSKBN14O281 (http://www.reuters.com/article/us-americanapparel-m-a-idUSKBN14O281)
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He's like Midas but also Reverse Midas at the same time.
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And here are some pics of his new shirt tags, looking very similar to the American Apparel tags
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Alex, thanks, this podcast was interesting. The interest expense issue was enlightening for sure. I'm not 100% that there is a direct connection between high interest rates and his public sexual escapades, would be surprised if that were entirely true.
Ultimately it sounds like his top down management style failed him. I found myself tsk tsking him throughout the season every time he clutched onto responsibilities a ceo should not retain. Shame as he clearly has an eye for talented people and could have made them institutions within AA instead of liabilities. It was always clear from my interactions with them that AA had a very unhealthy corporate culture.
AA was a blessing and a curse for me and my company. I will miss the shirts.