Take Two translates the day’s headlines for Southern California, making sense of the news and cultural events that affect our lives. Produced by Southern California Public Radio and broadcast from October 2012 – June 2021. Hosted by A Martinez.
Dov Charney had been the president and CEO of American Apparel, a massive L.A.-based clothing company the Canadian businessman founded in 1989.
But on Wednesday, the company's board of directors voted to replace him, citing the numerous lawsuits and allegations of misconduct for years.
RELATED: American Apparel board votes to oust CEO Charney
For more on his ouster and where this leaves the retailer, we're joined now by CNBC Business News Reporter, Jane Wells.