BCBG Max Azria Group is the latest Southland clothing company to lay off employees in California.
The Vernon-based contemporary brand is cutting 123 employees, according to a filing with the state’s Employment Development Dept. The layoffs come months after Marty Staff, a longtime fashion executive, took over as interim chief executive and founder Max Azria was put on paid leave.
The company has been wallowing in debt for years; in 2013, reports pegged its debt load at $685 million
Other local clothing companies are also shedding staff.
Los Angeles denim maker J Brand has said it will let go 27 people in November, according to filings.
In September, labels 7 For All Mankind, Ella Moss and Splendid shed a total of 105 employees. The layoffs were across multiple departments including design, merchandising and marketing, according to California Apparel News, citing anonymous sources.
In June, VF Corp. sold those three brands to Delta Galil, an Israeli clothing manufacturer, for $120 million. Delta Galil also owns P.J. Savage, a lingerie firm based in Irvine.
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