BCBG Max Azria closes in Europe

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In October, Fashion retailer BCBG, (a retailer selling evening dresses) ceased operations in Europe. Owned by investment firm Guggenheim Partners, all its stores in France and all operations in Switzerland, Germany, Morocco and Portugal were closed. In February, the group filed for U.S.A. bankruptcy protection. Marquee Brands and the Global Brands Group made a joint offer for both the intellectual property and BCBG’s operations, including stores plus licensing and wholesale. Between 2014...

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