Summary of closure info as of Jan 2017:
- BCBG is closing stores, big time
- Focus on in-store boutiques
- Focus on online sales
- Focus on licensing
- Acknowledge customer behavior changes
- Reduce overall # of stores from 570 boutiques globally (almost 200 here in the USA)
- Engage AlixPartners LP to avoid BK (Chapter 11)
See more here:
http://www.retaildive.com/news/fashion-house-bcbg-closing-stores-restructuring/434345/