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.
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)