Despite about a million sexual harassment lawsuits and looming bankruptcy, Dov Charney and American Apparel will be able to continue on for a little longer, thanks to a cash infusion. The T-shirt and crop-top company will get anywhere between $15 and $43 million over the next six months. “Dov is an eccentric, and he’s being butchered by investors and the press,” said Roy Sebag of Essentia Equity, one of several lenders who is helping to bail out the company. In the meantime, if you’re not sure about throwing your hard-earned cash at a man who may or may not have requested sexual favors from his female underlings but are in dire need of a new v-neck, check out what LAmade has to offer. [NYPost]
