Apparel retailer American Apparel has named Paul Charron, former head of handbag retailer Liz Claiborne as the new chairman. Charron served as chief executive of Liz Claiborne, now known as Kate Spade, for 11 years until his retirement in 2006.
Charron also served as senior advisor at private equity firm Warburg Pincus and has spent six years as chairman of Campbell Soup. He joined Warburg Pincus in 2008 and focused on investment activities in the consumer and retail industries as well as industrials, leveraged buyouts, and special situations.
Los Angeles-based American Apparel, known for its ‘Made in USA’ fashion and sexually charged advertising, emerged from bankruptcy last month as a private company. In appointing new board members, American Apparel is trying to further distance itself from the tumultuous period that began after its board ousted Charney as CEO and Chairman in 2014 when an investigation uncovered allegations of misuse of company funds and inappropriate behavior with employees.
Susan Davidson, who heads fashion boutique Scoop and design house Zac Posen and has worked at Bloomingdale's and Liz Claiborne, and Bruce Fetter, who runs women's luxury knitwear retailer St. John Knits, will also join American Apparel’s board.
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