Financially troubled women’s apparel retailer and manufacturer BCBG Max Azria Group LLC has a new owner.

Apparel, footwear, and fashion accessories conglomerate Global Brands Group bought BCBG, No. 468 in the 2017 Internet Retailer Top 500, for $23 million, a deal that includes the company’s e-commerce operations as well as its store locations. The deal is expected to close by the end of next month. Global Brands Group owns and licenses numerous high-profile brands and has in the past three years inked licensing deals with Timberland (parent VF Corp. is No. 91), Kate Spade (No. 124), and Kenneth Cole.

BCBG filed for Chapter 11 bankruptcy protection in late February in the United States Bankruptcy Court for the Southern District of New York. In the filing, BCBG cited estimated assets in the $100-$500 million range and liabilities in the $500 million-$1 billion range.

BCBG did an Internet Retailer-estimated $41.1 million in online sales last year, up 5.4% from $39.0 million in 2015.