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American Apparel is suddenly facing a cash crunch. A key lender to the embattled clothing company on Thursday demanded repayment of a $10 million loan, threatening a liquidity crisis for the retailer on the heels of its ouster of CEO Dov Charney, The Post has learned. Lion Capital, a UK-based investment firm that has been friendly to Charney, denied a waiver on the default triggered by the executive's dismissal, forcing American Apparel to raise funds to pay it off - either b
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- People:
- Dov Charney
- Places:
- UK
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