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BCBG Max Azria receives cash infusion from investors

By Danielle Wightman-Stone


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Fashion group BCBG Max Azria has received a 135 million dollar cash infusion from investors as it looks to strengthening its capital structure by restructure its debt and strengthening its balance sheet, to reposition the company for “positioned future growth”.

In a short statement, company-founder and designer Max Azria stated that he will remain chief executive officer of BCBG Max Azria Group and his wife, Lubov Azria will continue as chief creative officer, and that they will retain a “meaningful ownership” position within the company, alongside the company’s investors, including affiliates and clients of Guggenheim Partners.

Azria said: “We are very excited about our brands, business and our future prospects. We are gratified that investors have given this vote of confidence to our business and our strategic plans.”

BCBG Max Azria Group was founded in 1989 and includes a portfolio of ready-to-wear fashion brands including BCBGmaxazria, Herve Leger by Max Azria and BCBGeneration, which are present in over 41 countries with more than 1000 points of sale worldwide. The collections are also sold in specialty boutiques and shop-in-shops within major department stores across the globe, including Harvey Nichols Saks Fifth Avenue, Neiman Marcus, Bloomingdale’s, Nordstrom, Macy’s, Lord & Taylor, and online at Net-a-Porter.

BCBG Max Azria Group
Max Azria