BCBG Maxes Out
Los Angeles apparel manufacturer BCBG Max Azria Group Inc., which owned 30 percent of New York–based retailer Max Rave LLC, has acquired the other 70 percent. Max Rave, which operates 488 stores under the names Rave, Rave Girl and G+G, will become a subsidiary of BCBG Max Azria. It acquired the 70 percent from Guggenheim Corporate Funding LLC. No purchase price was given.
