Baroque Japan — owner of womenswear brands including Moussy, Sly, Rodeo Crowns, Shelter, Black and Rienda — has a new Chinese majority shareholder, which already owns some 25 percent of the Chinese footwear market and aims to create one of the biggest fashion retailers in Asia. JapanConsuming reports.
LOS ANGELES, United States -- Fashion house BCBG Max Azria Group Inc, whose clothing has been worn by celebrities such as Beyonce and Angelina Jolie, is exploring a potential sale that could fetch around $1 billion, two people familiar with the matter said on Wednesday. The company, which owns the BCBGeneration, Max Azria and Herve Leger lines, is being advised by Blackstone Group on the sale process, said the people, who declined to be named because the talks are private. A spokeswoman for the Los Angeles-based company, founded and run by fashion designer Max Azria, confirmed it had retained Blackstone to advise on strategy. She did not elaborate. Blackstone declined to comment. BCBG could attract interest from other fashion companies…
Right Brain, Left Brain | The Making of Pattern (Opinion) “BoF founder and editor-in-chief Imran Amed kicks off Right Brain, Left Brain, a new column on his observations at the intersection of business,creativity, and the global fashion industry… In 2006, when I first started exploring the fashion industry, there was one book that became my bible. It wasn’t a book about the fashion business. It was a book called Sample,
NEW YORK, United States — Despite the impending chaos of winter storm Nemo, New York Fashion Week kicked off yesterday. And, as always, Sonny Vandevelde is backstage at the shows, bringing us a daily photo diary of behind-the-scenes imagery from the Autumn/Winter 2013 collections. First up, it’s Creatures of the Wind, Duckie Brown, Richard Chai Love, Costello Tagliapietra and BCBG. Sonny Vandevelde is a contributing
Harrods’ new owners announce upgrade plans (Telegraph) “Qatar Holding is expected to back an expansion programme into new areas including China. Harrods could become a global franchise as new owner… announces plans to ‘upgrade’ the luxury retailer.” BCBG opens in London (Elle.com) “BCBG Max Azria is the latest U.S. label to open its doors in the UK. Following October’s launch of
Bill Blass Couture to Close (WSJ) Once the go-to house for American socialites and Hollywood elite, Bill Blass Couture will close. Nike picks ups its pace (Just-style) Strong performance in international markets has helped the sportswear giant achieve a 9% profit increase in the second quarter. Max Azria: The Show(s) Must Go On (WSJ) Although the BCBG Max Azria Group has taken a financial hit like so many other fashion companies,