BCBG announced plans to close stores and restructure the company due to mounting pressure from its debt burden and more consumers opting to shop online.
The retail chain plans to shut down a number of brick-and-mortar shops and refocus on licensing, eCommerce and selling through other retailers, Seth Lubove, a spokesman for BCBG at Sitrick & Co., told Bloomberg in an emailed statement.
The global fashion brand has operated more than 570 boutiques, including mo…
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