American Apparel was founded in 1989 by Dov Charney while he was a freshman at Tufts University.
In 1997, the company headquarters moved to Los Angeles. Charney sub-contracted his sewing to Sam Lim. Charney and Lim became partners two months later.
In 2000, the company moved to a warehouse in downtown LA. The company was primarily a wholesaler of t-shirts at this time.
The company eventually moved into retail and was an Inc 500 company in 2005.
In 2006, the company went through a reverse merger and was listed on the ASE.
In 2010, Deloitte and Touche resigned as auditors for the company after the companies 2009 financial statements were determined to be unreliable. The SEC filed an investigation.
Today, American Apparel operates over 300 retail locations. The company is still a major wholesaler of basic sold color garments.
American ApparelAmerican Apparel was founded in 1989 by Dov Charney while he was a freshman at Tufts University.
In 1997, the company headquarters moved to Los Angeles. Charney sub-contracted his sewing to Sam Lim. Charney and Lim became partners two months later.
In 2000, the company moved to a warehouse in downtown LA. The company was primarily a wholesaler of t-shirts at this time.
History
The company eventually moved into retail and was an Inc 500 company in 2005.
In 2006, the company went through a reverse merger and was listed on the ASE.
In 2010, Deloitte and Touche resigned as auditors for the company after the companies 2009 financial statements were determined to be unreliable. The SEC filed an investigation.
Today, American Apparel operates over 300 retail locations. The company is still a major wholesaler of basic sold color garments.