BCBG Max Azria has filed for bankruptcy protection in the US and Canada and will be closing all 51 of its Canadian stores. It is said to be looking to continue selling the BCBG line in Canada's Hudson's Bay stores. It's currently unclear if all BCBG stores in the US will close -- currently, only 120 of the total 175 US stores are actively slated for closure.
At this time it's unclear how many jobs will be lost from the Canadian store closures.
BCBG is a reference to the french slang term "bon chic, bon genre" which means "good style, good attitude."