Global Brands announced a new three-year plan and the goal of $5 billion in revenue by 2020. The new plan builds on the company's current fiscal year results that included an 11.6% increase in revenue.
Brand licensor Marquee Brands LLC is leading a consortium that is preparing a bid for BCBG Max Azria Group LLC, which would allow the U.S. fashion house to exit bankruptcy with a footprint of 15 to 20 stores.
Hong Kong’s Global Brands Group is to manage Juicy Couture in Europe and will kick off its new remit with a major push in the UK. Juicy is also targeting menswear growth with a capsule collection called Dirty English.