Something Navy CEO Says Brandon Charnas Embezzlement Rumors Are False - WWD

Matthew Scanlan, main enforcement serviceman of Something Navy, categorically denied rumors Wednesday that Brandon Charnas, who is joined to Arielle Charnas, laminitis of Something Navy, had allegedly embezzled from the company.

“This is categorically false,” said Scanlan. “Brandon Charnas does not person entree to institution slope accounts. He is not an worker of the company, and helium has nary entree points,” helium said.

Rumors were flying connected Reddit and each implicit the net Tuesday evening and Wednesday that Brandon Charnas, cofounder of Current Real Estate, had allegedly embezzled from Something Navy and the mates were divorcing. A communicative was expected to travel retired successful the Insider Thursday.

Brandon Charnas’ existent property institution besides denied determination was an alleged embezzlement.

“Brandon Charnas is simply a cofounder of Current Real Estate. There has been nary embezzlement astatine Current Real Estate,” said a spokeswoman for the existent property company.

The mates has 3 daughters.

As for the net rumors that Arielle and Brandon Charnas were getting a divorce, a spokeswoman for Arielle Charnas said, “This is patently false. They are happily joined and successful love.”

Arielle Charnas, who began arsenic an influencer and founded Something Navy successful 2009, has been embroiled successful contention before. The institution received backlash aboriginal successful the pandemic erstwhile Arielle Charnas shared a bid of Instagram posts showing her taking a COVID-19 test, which she secured done idiosyncratic connections astatine a clip erstwhile New York was limiting them to those exhibiting circumstantial baseline symptoms, which Charnas didn’t look to meet. After investigating positive, she past shirked shelter-in-place mandates and near New York City to self-isolate successful the Hamptons, which angered societal media users, arsenic reported. Charnas has 1.3 cardinal followers connected Instagram.

After an exclusive apparel concern with Nordstrom (where astatine 1 constituent the line’s popularity crashed nordstrom.com) ended successful 2019, Something Navy became a stand-alone manner marque successful 2020 and presently does e-commerce, wholesale and retail. Its products scope from women’s wear, kids’ apparel, accessories and swimwear to homeware. Among its wholesale accounts are Saks Fifth Avenue, Nordstrom, Intermix, Revolve and Shopbop. The institution has 4 stores successful Newport Beach and Los Angeles, California, and 2 successful New York City.

Something Navy’s investors are Beliead Ventures, L Catterton, Vanterra Capital, Box Group, Jenny Fleiss, Silas Capital, Third Kind Venture Capital, SWAT Equity, Black Jays Ventures and The Seed Lab, among others.