BCBG-Max Azria To Buy Alain Manoukian?

FRANCE

Just-Style.com
13 Jul 2005

The owners of French clothing group Alain Manoukian are considering
selling off the company to French-US consortium BCBG-Max Azria this
month according to French media reports.

The Manoukian family is said to be in discussions over a possible sale
of its shares, which make up 62 per cent of the group’s capital.

Alain Manoukian, which specialises in medium/upscale clothing, slimmed
down its net loss to 2.8 million during 2004 from 10.7m the year before.