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BCBG Max Azria files for bankruptcy as retail glitz fades

  Bloomberg BCBG Max Azria Group Inc., the glitzy fashion house founded by designer Max Azria, filed for bankruptcy in a third attempt in two years to rescue a business beset by changing consumer habits. The latest turnaround effort began in January when the chain started closing 120 of its stores, Chief Restructuring Officer Holly Felder Etlin said in court ...

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MTN moves closer to Nigeria exchange listing

  Bloomberg MTN Group Ltd. has been having a tough time of it in Nigeria, its most lucrative market. Protesters last week vandalized the company’s headquarters in the capital, Abuja, in retaliation for xenophobic attacks on Nigerians in South Africa, singling it out among more than 100 other Johannesburg-based businesses. It suffered its first-ever loss last year after Nigeria’s regulator ...

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Canada Goose seeks to raise $240mn in luxury Parka IPO

  Bloomberg Canada Goose Holdings Inc., the maker of $900 parkas worn by celebrities from Toronto rapper Drake to Blue Jays slugger Jose Bautista, is seeking to raise as much as C$320 million ($240 million) in its initial public offering. The Toronto-based retailer and its backers, which plan to list shares both in the company’s home city and in New ...

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