AMERICAN APPAREL, INC. ANNOUNCES DAVID DANZIGER ELECTED TO BOARD OF DIRECTORS
LOS ANGELES, June 30, 2011 – American Apparel, Inc. (NYSE Amex: APP), a vertically integrated manufacturer,
distributor, and retailer of branded fashion basic apparel, announced today that its Board of Directors has elected David Danziger to the Board.
“David Danziger has a wealth of experience in the fi eld of accounting and fi nance and has over twenty five years of experience serving both public and private companies in numerous industries including manufacturing and retail” said Dov Charney, Chairman and CEO of American Apparel, Inc. He brings a level of accounting and fi nancial expertise that will be a welcome addition to our Board.”
In addition to his selection as a Director, Danziger will serve on the Company’s Audit and Risk Management Committees. Danziger is a Chartered Accountant and is a partner with MSCM LLP, Chartered Accountants, a full service audit and accounting fi rm registered to audit public companies both in Canada and the United States. He currently serves as a member of the Board of Directors of Cadillac Ventures (TSXV: CDC.V), Carpathian Gold (TSX:CPN), Eurotin Inc. (TSXV:TIN.V) and Renforth Resources (CNSX:RFR).
“I am delighted to become a member of the Board of Directors of American Apparel” said Mr. Danziger. “This is a strong brand with world-wide recognition and respect. We have an exciting future and I am looking forward to a long and prosperous professional relationship with American Apparel.”
ABOUT AMERICAN APPAREL
American Apparel is a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel based in downtown Los Angeles, California. As of May 31, 2011, American Apparel had approximately 10,000 employees and operated 254 retail stores in 20 countries, including the United States, Canada, Mexico, Brazil, the United Kingdom, Ireland, Austria, Belgium, France, Germany, Italy, the Netherlands, Spain, Sweden, Switzerland, Israel, Australia, Japan, South Korea, and China. American Apparel also operates a leading wholesale business that supplies high quality T-shirts and other casual wear to distributors and screen printers. In addition to its retail stores and wholesale operations, American Apparel operates an online retail e-commerce website at http://www.americanapparel.com.
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