American Apparel, Inc. (fka APPCQ)

[pjr425]

Any chance Dov will return as CEO?

I work at bar in Costa Mesa CA that just happens to be across the street from an APP store. I recently overheard two gentleman talking about the clothing business. I asked them what the "word on the street" was with APP. One of the guys said Dov owed him $500K at one point and was able to slowly pay it back over time. The other said he knew Dov personally. They both insisted that he would return as CEO. Couldn't tell me when, but it seems funny they haven't found anyone yet.

Just an insight from within the industry.