Scott Brubaker

American Apparel, a beleaguered retailer still wincing from a boardroom struggle over the summer, said sales fell 5 percent in the third quarter and losses grew - dragged down in no small part by its own investigation of the behavior of Dov Charney, who was fired as chief executive in June. The company, which has been without a permanent chief executive ever since, reported a net loss of $19.2 million, or 11 cents a share, most of which was nonrecurring costs

American Apparel's board is increasingly open to letting its ousted founder, Dov Charney, stay at the company, Bloomberg reported, citing people familiar with the matter. The U.S. retailer is also considering giving Charney a new role, Bloomberg reported. He currently serves as a consultant to the company. American Apparel said on Monday it hired Scott Brubaker, a managing director at turnaround firm Alvarez & Marsal, as interim chief executive, replacing John Luttrell, who had been serving as both interim CEO and CFO since Charney's exit.

American Apparel, the struggling clothing chain, named Scott Brubaker as its interim chief executive officer, replacing Chief Financial Officer John Luttrell, who had assumed the position temporarily after the ouster of company founder Dov Charney. Brubaker, 43, is a managing director at Alvarez & Marsal and has previously handled interim jobs for specialty retailers