PARIS — BCBG Max Azria France has entered into a judicial winding-up period after the decision was handed down on Monday by the commercial court of Romans-sur-Isère, France.The French branch of the U.S. fashion brand has until Oct. 31 to close down its operations, according to Stéphanie Vénitien, secretary of the company’s works council, who represents employees of the French subsidiary. Altogether, that counts 138 workers and 11 boutiques.The closure of the operations headquartered in Mercurol, France, also automatically causes the shuttering of the group’s other operations throughout Europe, including in Switzerland, Germany, Morocco and Portugal, representing about 250 employees, Vénitien said.BCBG Max Azria France was placed in the equivalent of Chapter 11 on March 8. None of the subsequent takeover bids was successful.In the U.S., parent company BCBG Max Azria Group LLC filed for bankruptcy protection on Feb. 28 following the group's previously announced plans to restructure with store closings and a renewed focus on digital, as reported.The company had arranged $45 million in debtor-in-possession financing. BCBG listed assets of between $100 million to $500 million and liabilities of between $500 million to $1 billion in its bankruptcy petition, filed in New York bankruptcy court for the Southern District.Afterward, Marquee Brands and Global Brands Group jointly made an offer for both the intellectual property and some of the operations of BCBG that would keep intact a portion of the company’s store fleet, while continuing an aggressive push to right the business through licensing and wholesale deals.The transaction — involving Global Brands Group paying $23 million in cash for inventory contract and stores, and Marquee offering $106 million in cash for its intellectual property — closed on July 31.
“My personal philosophy to beauty is paying attention to oneself. I love to be outdoors, lots of fresh air, trying to take care of yourself as best you can. I always notice that comes through,” says Felicity Jones, the global face of @shiseido-owned @cledepeaubeauteus, which launches today. Head to WWD.com to read more about the actress’ love for beauty and how she prepared for her new role in “The Basis of Sex,” playing the young Ruth Bader Ginsburg. #wwdbeauty (📷: @dandoperalski)
For men’s fall 2018, @giuseppezanotti drew on elements from streetwear, sport, biker, combat and rock ‘n’ roll. Pictured here are a pair of shoes from the collection, featuring zippers, rhinestones, and silver hardware. Head to WWD.com to see a roundup of the accessories from Milan’s men’s fall 2018 shows. #wwdfashion (📷: Andrea Delb)
To celebrate the 25th anniversary of @ralphlauren’s snowboarding collection, the brand is mining its archives. The iconic brand is reintroducing vintage styles and dropping new designs for a color capsule that will be available in Ralph Lauren stores and @openingceremony on January 25. The capsule will consist of 10 pieces, including the Snow Beach Pullover, pictured here, which is a collector’s item that rapper Raekwon wore in Wu-Tang Clan’s “Can It Be All So Simple” video. #wwdfashion (📷: Tom Gould)
For @rochasofficial’s pre-fall 2018 collection, creative director Alessandro Dell’Acqua channeled the sophisticated and intriguing Catherine Denevue in the film “Belle de Jour.” Polished collarless coats, midi skirts, suits and ’60s graphic motifs were all featured in the collection, adding a sense of discreet luxury. See the rest of the photos on WWD.com #wwdfashion
“We tried to produce clothing of that couture quality, but the most daunting part was that we only had a matter of days [to do it],” said costume designer Lou Eyrich, who recreated Gianni Versace’s iconic looks for @americancrimestoryfx. Eyrich searched online retailers and vintage shops for original pieces from the design house and for @penelopecruzoficial, who plays Donatella Versace. Head to WWD.com to read how she created the Versace world. #wwdfashion
Only three months after her stellar debut catwalk season, @kaiagerber has inked her first big design collaboration –– with @karllagerfeld. The collection blends Lagerfeld’s Parisian chic aesthetic and the model’s signature West Coast casual style via RTW, accessories, footwear and more. The #KarlLagerfeldxKaia collection will launch in September with a series of events. Get all the details on WWD.com. #wwdnews #wwdfashion
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews