American Apparel Inc. (APP): Trying “American-Made” On for Size

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CEO Dov Charney seems to like it that way. He’s not a “please all the people some of the time” kind of guy, and that could be disastrous for investors. While I agree with a lot of Charney’s ideals about living wages and made-in-America policies, his design sense baffles me — which is a problem, because I’m part of his target audience.

If Charney can be reined in and if the finances hold out, American Apparel Inc. (NYSEAMEX:APP) may be poised for a big turnaround. The stock is down 80% from its pre-crash high, and the push for American-made everything is made stronger with each factory disaster. At some point, it’s going to be American Apparel’s day to shine. Hopefully, the company will be there to take advantage.

The article Trying “American-Made” On for Size originally appeared on Fool.com.

Fool contributor Andrew Marder has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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