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Dov Charney Wants to Buy a Bigger Stake in American Apparel

Image: Getty Images

Image: Getty Images

You always fight for the things you love, and in Dov Charney's case, that's American Apparel, the label he founded from which he was recently ousted as CEO. In the aftermath of his dismissal, there has been plenty of talk about what's next for the disgraced Charney, who is currently fighting tooth and nail to get his company back. After being fired over accusations of misconduct (which he firmly denies), Charney's vowed to do everything in his power to reclaim control over the company he founded. 

The New York Times reports that Charney has borrowed about $20 million from investment firm Standard General to purchase a stake in American Apparel, which would give him control over 43% of the company. Compare that to the 27.2% stake Charney's working with now. His agreement with Standard General will make him the owner of the stock he's trying to purchase, but of course, the buyout's already being met with opposition. American Apparel's board developed a shareholder's rights policy over the weekend that does not recognize Charney as owner of the shares Standard General purchased. The agreement will also dilute the value of Charney's shares once put into effect–if a group buys more than 15% of the company's shares, or if someone who owns that many shares buys any more. 

This poison pill was set up specifically to bar Charney from buying his way back into the company. Meanwhile, American Apparel is moving forward trying to pay off some of its debts, including a $10 million dollar loan from Lion Capital. 

We doubt Charney will ever be able to have his company back, but one thing is clear: he's not giving up on that dream anytime soon.



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Jean Touitou Talks Working With Kanye on Second A.P.C. Collaboration, Why He Won’t be Doing Another One for a While

All good things must come to an end, and that includes Kanye West's collaboration with A.P.C. Last year, when the rapper unveiled his collection for the trendy French label, the range's pricey basic tees and denim sold out in a flash–despite the marked lack of any actual design in the collection. But the collection was so successful, A.P.C. creative director Jean Touitou tapped West for a second go-round which, thanks to Yeezy's latest partnership with Adidas, is likely to be the last.

This latest offering from A.P.C. and Kanye is a little more fleshed out than the previous one. While you'll still find basic T-shirts and sensible denim, this military-inspired line also brings fur-lined parkas and shearling-laden bomber jackets, as well as a couple comfy-looking sweaters and sweatshirts. Being that Kanye slightly upped the design factor for this effort, getting the collection produced and completed posed a bit of a problem. "What happened at the end is exactly what he does to his own records, so I didn’t take it personally—like when it’s something he makes, and ten days before it drops, and then he wants to start from scratch," Touitou told "In music things are so possible, especially with today’s technology, good engineer, good computer, you could stretch time, but in fashion there are so many people involved, from weaving, knitting, choosing the yarn, choosing the color, making the pattern, making the first samples. It’s so much more material, but again, I don’t feel badly about him pushing the limits. So that was the difficulty. But apart from that, it was perfectly easy."

But though Touitou sings Yeezy's praises as a model collaborator and has teamed up with several brands himself (Nike, Carhartt and Supreme, for example), this might be the last partnership A.P.C. sees in a while. "I'm tired of collaborating," Touitou says, "And there's not so many people that I want to do anything with." Besides, he'll be far too busy helping Vanessa Seward launch her own line to focus on any other partnerships. " I don’t look for collaborations, I just wait until it knocks at my door. I’m not pushing it all, doing something as humongous as creating a brand. Days are only twenty-four hours. And also we opened new stores. We’re not a huge corporation, we’re a small independent company."

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Cara Delevingne Escapes to the Country for Mulberry’s Fall 2014 Ad Campaign (Forum Buzz)

Mulberry is taking us on a field trip, enlisting Tim Walker to photograph Cara Delevingne in the Scottish highlands for the new campaign which is slated to break in the September issues of various international fashion titles. Cara is seen strolling and lounging whilst surrounded by the luscious landscape, showcasing Mulberry's latest ready-to-wear collection and carrying a selection of handbags, including a backpack designed by Delevingne herself.

Ad Campaign Mulberry Fall 2014 Cara Delevingne Tim Walker


Our forum members are delighted with the campaign. "I'll never get bored of Cara for Mulberry, it always works for me," comments Greenway.

"Very lovely. Nice to see they've kept it simple this time around," enthused Elfinkova.

Legolas suggests the campaign has served its purpose already for Mulberry fans: "The composition's great in every shot and he's gonna make every single 15-25 yo female FB fan want those clothes, the money is already in the pocket here."

"Love this. Cara looks great and the setting is amazing!" wrote Nepenthes.

See inside the thread for more campaign images and join the discussion here.

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Vogue Brazil’s July Cover with Karlie Kloss is ‘Weird and Almost Scary’ (Forum Buzz)

Vogue Brazil loves Karlie Kloss, having just tapped the model to front its July 2014 issue. For Karlie's second cover of the Brazilian fashion bible, the American model is seen striking a pose against a green background wearing a white printed dress with a crimped hairstyle and gothic makeup. Photographed by Henrique Gendre, our forum members cannot help but compare Kloss' first Vogue Brazil cover to this new one.

Vogue Brazil July 2014 Karlie Kloss Henrique Gendre


"Karlie Kloss and a green background again, really Vogue?" questioned Bradshaw.

"it's similar to her previous cover, I don't mind it, it's okay!" commented TeeVanity.

Burbuja8910 thinks this cover is better than the first and wrote, "Million times better than her previous cover of this edition."

The thread hasn't received many positive responses, though. "Weird and almost scary cover for July. I feel like Karlie saves it from being a disaster but still, what is this dress? This long cross earring? The hair? Ugh. I like the green background though," wrote Valentine27.

Miss Dalloway also shares a lack of interest but rates Karlie's modeling ability: "I hate the styling, hate the hair, despise the makeup, the unoriginal background, yet she pulled it off! That is why I like Karlie, she is a fantastic model who can make me appreciate, if not adore the cover/ed!"

"Not feeling this cover at all. Don't care for the styling nor the layout," wrote justaguy.

Are you a fan? Which of the two covers do you prefer? Check out the thread for the accompanying cover story and have your say here.

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Mixed Reviews for 2014 Commonwealth Games Swimsuit Designs

Earlier today, Aussie swimmers got together to unveil the swimsuits they'll be wearing for the 2014 Commonwealth Games in Glasgow, Scotland. Brittany Elmslie, Melanie Schlanger, Bronte Barratt and Cameron McEvoy launched the costumes by Australian sportswear brand Speedo, and so far the reviews have been both good and bad.

While we're all for an athletic-inspired design or a sports-luxe get up, the Australian swimming uniform doesn't combine fashion and sport in the way we'd normally like. But then again, we're not the ones swimming laps. One design is splashed with a bright print blending kangaroos and Australian maps in our national colours of green and "gold", while the other contrasted black with a different, neon-type green.

Schlanger, who will be wearing the pieces for the games, is a fan and posted a team photo to her Twitter account. "Vintage print and bright colours. Love it!" she wrote, but other social media users haven't been so friendly to Speedo's designs. Perhaps we all need to remember that this is the Commonwealth Games we're talking about, and just like our mums would say, "it's not a fashion parade".

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Bless’ed Are The Meek Launches First Basics Collection

Bless'ed Are The Meek B.C

Australian brand Bless'ed Are The Meek has caught on to the need for wardrobe staples and created its very own basics collection dubbed B.C (an acronym for Basics Collection). But before you start writing the range off as just another plain-old T-shirts and tights range, the label's designer, Tarek Kourhani, wants us to know this B.C is not your standard basic offering.

"The concept is not about creating another basics range, but to provide a base collection that can be easily integrated with the Bless'ed Are The Meek main line," Kourhani explains. "There are no jeans or denim jackets, just modern, polished, on-trend shapes that work for everybody, every day.”

By making use of the clean lines and minimalist aesthetic so prevalent in Scandinavian design, Bless'ed Are The Meek taps into luxurious fabrics like high-twist crepe, 80s count cotton poplin, superfine voile, modal jersey, double-faced sateen and extra-soft lambskin. Think a monochromatic palette with pops of orange worked onto flattering shapes like boxy shifts, midi dresses, tailored crops and slouchy shirts.

Not only can these pieces, ranging from $79.95 to $349.95, seamlessly slot into your wardrobe among your existing goodies, they also speak volumes all on their own. We're predicting B.C will be a big hit for an effortless office getup. Extra points are given as you don't need to drop home for an outfit change before social affairs. The range will be available to buy online in August.


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