American Apparel marches on with a new CEO. Edgy but not as overtly sexual.
Anyone who has been following the apparel industry in North America (if you can even say there is enough manufacturing left to call it an industry) knows the story of American Apparel. Slightly kooky CEO/founder builds the largest garment manufacturing operation on the continent through the savvy use of sexually charged images targeted at teens and young adults. Wildly successful company faces all sorts of financial challenges and more then once teeters on the edge of bankruptcy. Questionable CEO is repeatedly accused of sexual harassment and bizarre behavior until his is finally driven from the company.
It sounds like a soap opera and certainly will eventually be turned into a James Franco vehicle for him to once again channel his inner oddball. In the meantime hudreds of millions of dollars in revenue continue to roll in and it is now the responsibility of new CEO Paula Schneider to create some sort of order out of the chaos. Schneider recently gave her first public interview to Bloomberg and the headline that has been all over the internet for the past day, edgy but with less skin.
By Matt Townsend at Bloomberg
Paula Schneider, American Apparel Inc.’s new chief executive officer, wants the brand to be as provocative as it was under expelled founder Dov Charney. Just with less skin.
“It doesn’t have to be overtly sexual,” Schneider said in her first wide-ranging interview. “There’s a way to tell our story where it’s not offensive. It is an edgy brand. And it will continue to be an edgy brand.”
Schneider, an apparel industry veteran who has led private-equity backed companies and ran the swimwear division at Warnaco Group Inc., has been in the job only a month and is still formulating her strategy. But it’s already clear that she wants to build on the battered chain’s underlying strengths.
To read the full article go to: http://www.bloomberg.com/news/articles/2015-02-06/american-apparel-ceo-wants-less-skin-but-isn-t-afraid-to-be-edgy