American Apparel Inc. founder Dov Charney’s attempt to return to the company moved a step closer after firms backing him made nonbinding offers to buy the bankrupt retailer, Bloomberg News reported yesterday. More than one entity working with Charney have signed nonbinding letters of interest — which include the value of potential offers — and nondisclosure agreements to review the retailer’s financial documents. Charney said earlier this month that he was working with a financial adviser on an offer and that he’d been in talks with potential financial partners. He’s been trying to hatch a return to American Apparel since he was fired last year from his dual roles of chief executive officer and chairman following allegations of misconduct. Last year, Irving Place Capital was working with Charney and submitted a letter of interest with an offer price, but a deal stalled. American Apparel, which entered bankruptcy in October, said there’s currently no progress on a potential bid and no transaction to consider.
