BCBG Max Azria Group Inc., the glitzy fashion house founded by designer Max Azria, is looking to close stores and restructure as the company copes with a debt burden and a shift of many consumers online.
The chain plans to reduce its
focus on brick-and-mortar shops, concentrating instead on licensing,
e-commerce and selling through other retailers, according to Seth
Lubove, a spokesman for BCBG at Sitrick & Co. The fashion brand has operated more than 570 boutiques worldwide, including more than 175 in the U.S.. . . more