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Dov Charney hires investment firm for potential offer for American Apparel

London - As things continue to look bleak for struggling fashion retailer American Apparel, founder and former CEO and Chairman Dov Charney announced plans for a potential offer to save the company he founded in 1989. According to a statement Charney released on Friday, he is currently "exploring plans with investors and industry executives in...

Design

Versace to sell stake in fashion house

Italian fashion house Versace is expected to put up to one third of it's company stake on sale in a bid to secure further investment. Versace has appointed private equity firms to make bids, however any new shareholder will have to make do with the Versace family, who are still largely active in both its creative and business operations. Versace...