BCBG Max Azria Group LLC, a high-end women’s fashion house struggling with $685 million in debt, turned to Kirkland & Ellis this week to handle its bankruptcy filing Wednesday in New York.
Started by French-Tunisian fashion designer Max Azria, BCBG is the latest casualty in a struggling retail sector. Last month other companies such as Eastern Outfitters LLC, Limited Stores LL and The Wet Seal LLC found themselves filing for Chapter 11 protection.
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