Something Navy is bought for $1: How Arielle Charnas' clothing brand went from internet sensation to defunct site in 3 years

• Something Navy is an apparel brand that was created by fashion influencer Arielle Charnas in 2020.
• The brand initially appeared to experienced great commercial success during the pandemic.
• But the company endured losses in sales and more than half its employees and CEO have left.

Something Navy will be sold to new owners for $1, following a rocky year for the retailer.

Apparel company IHL and the Amirian Group will purchase the struggling brand and assume $7.5 million in liabilities, Women's Wear Daily first reported.