BCBG Max Azria news and archive

Marquee Brands acquires BCBG Max Azria

On Monday, FashionUnited reported that BCBG received approval for its restructuring program . Following up on Monday's news, this morning, Business of Fashion reported that Marquee Brands has acquired BCBGMAXAZRIA, BCBGeneration and Hervé Léger for 108 million dollars. BCBG has been going through economic turmoil lately. In March they shuttered...

Business

BCBG Max Azria Group gets approval for restructuring program

BCBG Max Azria Group just announced that its restructuring plan has been approved. The United States Bankruptcy Court for the Southern District of New York has just confirmed the company’s plan to sell the assets of the company as well as some of its affiliates to Marquee Brands LLC and Global Brands Group Holding Limited. The deal is expected...

Business

BCBG Max Azria to layoff 116 employees

After filing for bankruptcy earlier this year, BCBG Max Azria has confirmed it will have mass layoffs in the next coming months. Starting May 11, the retailer will lay off approximately 116 people. According to Apparel News, the layoffs will be across all departments for the company. While the company has undergone some recent changes, including...

BusinessFeatured

BCBG Max Azria to have second round of mass layoffs in the last year

It seems things are not getting any better for BCBG Max Azria in recent developments. Although the retailer was granted a bankruptcy loan earlier this month, the company will now be experiencing more mass layoffs starting this May. Effective May 11, the company has given notice that it will have layoffs that will affect 116 employees. “As...

ManagementFeatured

BCBG appoints new Creative Director, despite bankruptcy

It was only last week that ailing retailer BCBG Max Azria was granted a bankruptcy loan in an attempt to turn the business around. This week the company internally promoted Bergd Kroeber to Creative Director and Executive VP, replacing Lubov Azria who exited when the company filed for Chapter 11 bankruptcy protection. Kroeber will start with the...

Business

BCBG Max Azria gets bankruptcy loan

New York - As reported earlier this week by FashionUnited, BCBG filed for Chapter 11 bankruptcy in an attempt to recover their financial losses. Now, Bloomberg has reported that the company has received a bankruptcy loan as they are plotting their asset sale. The fashion house received court permission to borrow 15 million dollars to help carry...

Business

BCBG Max Azria faces financial struggles in 2017

BCBG Max Azria is the latest in a list of retailers that have succumbed to financial struggles. Recently, the company has considered downsizing and shutting down most of its locations this year. The fashion house has about 200 operating stores currently that are set to close. According to Reuters, the company has already reached out to mall...

BusinessFeatured

BCBG Max Azria may be the next retailer to file for Chapter 11 bankruptcy

Following the news of many retailers who have fallen to the competitive retail world, it seems that BCBG Max Azria is next in line. The company recently has already made plans to shutter a massive number of its operating stores. The luxury fashion house has informed mall owners that it plans to close most of its existing stores this year, as...

BusinessFeatured

BCBG Max Azria to undergo major cuts this fall

Designer brand company BCBG Max Azria Group will be experiencing massive layoffs this year. According to filings from the California Employment Development Department, the cuts will take effective starting next month on November 1. According to the documents, there will be 123 permanent layoffs for the Vernon-based company. As reported by WWD, a...

Fashion Featured

New York Fashion Week: layers on layers

New York Fashion Week kicked off yesterday, and day one has already let us know that fall/winter 2016 will be about wearing as many layers as possible. First up for the day was Nicholas K. They appear to still be taking inspiration from the last Mad Max movie, but they have graduated to be a bit more tailored. Also, there was no denying that...

Fashion Featured

The introduction to WME-IMG as the sponsor of NYFW and how designers are adapting to new venues

When NYFW lost Mercedes-Benz as a sponsor after the last F/W 15 season in February, people behind the scenes who help to create NYFW, namely the CFDA and their business cohorts, were frantic to find a sponsor. When WME-IMG took over many were wondering what this would mean for Fashion Week. While it is an entirely different scene, and...