LOS ANGELES — BCBG Max Azria is set to announce today that it is in negotiations to purchase Don Algodón, a women's and men's ready-to-wear and accessories retailer based in Spain.
The acquisition of the company, which operates 55 stores in Spain, Portugal and Morocco, would constitute another major move for BCBG Max Azria, which received a $53 million bond offering last December and this month announced that it bought French sportswear firm Alain Manoukian for $78.5 million. Manoukian operates 300 stores in Europe, including France, Belgium and Spain.
"Europe is a very important position for us," said Max Azria, designer and chief executive officer of BCBG Max Azria. "Our goal is to expand ... that will be our strategy."
Azria said he expects to be in a total of 90 doors in Spain and Portugal by the end of 2006. The company also hopes to grow by 50 to 100 doors in Italy, Germany and England during the same period.
Asked about terms of the deal, Azria replied, "It's too early to talk about it. A figure will be available in one month," when the acquisition is completed.
The privately held, Vernon, Calif.-based company operates 174 stores worldwide, and has recently opened in Moscow and Amman, Jordan, as well as a 5,600-square-foot jewel on Rodeo Drive. It plans to open an additional 23 stores in the U.S. before the end of the year, including a 6,800-square-foot Fifth Avenue location in New York.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)