×
432
Fashion Jobs
KALPA ELECTRIKAL PVT. LTD
Hiring For Production in Charge/ Manager (8-15 Yrs Exp)
Permanent · Bengaluru
TARGET PUBLICATIONS
Regional Sales Manager
Permanent · Mumbai
THE BANYAN HR CONSULTS
Head HR For Garments Manufacturing Company at Chengalpattu, Tamil Nadu
Permanent · Chennai
IUMENTAS LIFE SCIENCE
Veterinary Sales Manager For The State of Assam
Permanent · Guwahati
HINDCO RECRUITMENT CONSULTANTS
Production Manager| Leading Plastic Manufacturing Company| Umbergaon
Permanent · Navsari
HINDCO RECRUITMENT CONSULTANTS
Production Manager| Leading Polythread Manufacturing Company| Ranchi
Permanent · Ranchi
ENGGSERVICES2INDIA
Production Quality Manager - Immediate Requirement
Permanent · Bengaluru
DIASORIN HEALTHCARE INDIA PRIVATE LIMITED
Area Sales Manager
Permanent · Hyderabad
METROPOLIS HEALTHCARE
Territory Sales Manager @ Mumbai
Permanent · Mumbai
GTROPY SYSTEMS PRIVATE LIMITED
Direct Sales Manager - Faridabad
Permanent · Faridabad
METROPOLIS HEALTHCARE
Territory Sales Manager @Amravati/Nagpur/Aurangabad
Permanent · Nagpur
AAVAS FINANCIERS LIMITED
Area Sales Manager | Home Loan | Delhi
Permanent · Pune
RAJ RAJESHWARI SPICE FOODS LTD.
Area Sales Manager/Senior Sales Officer Required
Permanent · Bareilly
PARK RETAIL MARKETING PVT LTD
Job Opening For Area Sales Manager
Permanent · Pune
ALUDECOR LAMINATION PVT LTD
Area Sales Manager
Permanent · Rohtak
INFEXN LABORATORIES PRIVATE LIMITED
Area Sales Manager - Diagnostic / Healthcare
Permanent · Pune
ALUDECOR LAMINATION PVT LTD
Area Sales Manager
Permanent · Vijayawada
RELIABLE CLOTHING PVT. LTD
Opening For Business Head (Garment Export)
Permanent · Mumbai
ALUDECOR LAMINATION PVT LTD
Area Sales Manager
Permanent · Hyderabad
ALUDECOR LAMINATION PVT LTD
Area Sales Manager
Permanent · Kochi
RISHABH IMPEX
Area Sales Manager
Permanent · Northeast India
NATURES ESSENCE PRIVATE LIMITED
Area Sales Manager- Punjab(Ludhiana)
Permanent · Ludhiana
Published
Jan 23, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

BCBG to close stores to focus on e-commerce

Published
Jan 23, 2017

BCBG Max Azria is the latest of many companies to have announced restructuring plans to maintain its performance. The company plans to close a number of stores to focus more on e-commerce, licensing, and wholesaling, according to spokesman Seth Lubove of Sitrick & Co.


DR



Lubove told Fortune, “Like so many other great brands, BCBG has been negatively impacted by the growth in online sales and shifts in customer shopping patterns and, as a result, has too large a physical retail footprint.” He added to Bloomberg in an email statement, “In order to remain viable, the company -- like so many others in its industry -- must realign its business to effectively compete in today’s shopping environment.”
 
Bloomberg reported that BCBG hired AlixPartners LP, replacing Berkeley Research Group, to restructure its debt, and it hopes to stay out of bankruptcy court, where many retailers have found themselves last year and during the holidays.

The 2016 holiday sales season took its toll on many retailers. While some brands and retailers performed well in the season such as Canadian luxury jewelry retailer Birks and UK-based fashion label Ted Baker, other retailers, especially department stores, struggled through the season including Target and H&M that posted soft sales or a decrease for the period.

Payless announced this week that it is restructuring to deal with its $665 million debt, and designer Bibhu Mohapatra filed for Chapter 11 bankruptcy to manage his debts of up to $1 million. Most notably, Macy's cut over 10,000 jobs to start the year as part of numerous store closures and overall downsizing.
 
BCBG currently operates 570 global stores, with 175 in the US. In 2016, the company opened new stores in Munich and Paris, and announced it would open a retail location at Les Galeries de la Capitale in Quebec in 2017.

Copyright © 2021 FashionNetwork.com All rights reserved.