BCBG Max Azria Group has received a US$135m cash injection from investors, enabling the company to restructure its debt and strengthen its balance sheet, positioning it for future growth.

The group's brands include BCBGMAXAZRIA, Herve Leger by Max Azria and BGBGeneration, which are present in over 41 countries with around 1,000 points of sale globally.

Max Azria, who founded the company in 1989, remains CEO while his wife Lubov Azria maintains her position as chief creative officer.

“We are very excited about our brands, business and our future prospects," said Azria. "We are gratified that investors have given this vote of confidence to our business and our strategic plans.”