Retail

PYMNTS’ Daily Data Dive: BCBG Max Azaria Presses Reset After Bankruptcy Filing

With more consumers buying online, many retailers have refocused their efforts to include an eCommerce approach.

As high-end fashion retailer BCBG Max Azaria files for bankruptcy in an effort to save its company, it, too, is looking to hit the reset button to meet online demands.

Here are the numbers:

120 | Number of store closings in January 2017

$45 million | Amount borrowed from company lenders to get through bankruptcy

$459 million | Amount BCBG Max Azaria currently owes company lenders

123 | Number of layoffs over the past few months

570 | Number of boutiques worldwide

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