-
He’s not done: Dov Charney looking to return with new retail format
American Apparel founder and ousted CEO is nothing if not determined.
Days after a bankruptcy court judge rejected a takeover proposal by Hagan Capital and Silver Creek Capital Partners that would have also returned Dov Charney to a leadership position at American Apparel, the controversial founder is reportedly already at work on his return to the retail scene.
-
New debt financing to support women’s lifestyle retailer’s store expansion
Soft Surroundings has completed a dividend recapitalization that was financed through an expansion of the existing credit facility.
The women’s lifestyle retailer is in the midst of a nationwide store expansion strategy, and the new debt financing includes a designated facility to fund future store openings. The company opened 11 new stores in 2015 and has identified over 15 locations for 2016.

