& #8226; Guess Inc.

said it was notified by the Securities and Exchange Commission that President and Chief Operating Officer Carlos Alberini may face civil charges for violating securities laws while working as the former financial chief at Footstar Inc., a Mahwah, N.J. based footwear retailer that emerged from bankruptcy on Feb. 7. The SEC inquiry is not directed at the management of L.A.-based Guess.

The SEC issued notices to Footstar and Alberini saying it was considering pursuing action against them. Guess said in a regulatory filing Alberini plans to try to persuade the SEC that no such action should be commenced. Guess said last week that its former chief financial officer, Frederick Silny, was leaving the company in May, and that Alberini would take over the CFO responsibilities until a successor is chosen.

& #8226; BCBG Max Azria Group Inc.

has become the winning bidder for the assets of bankrupt G & G; Retail Inc., with an offer valued about $40 million, Bloomberg News reported. Wet Seal Inc. said Wednesday that its $15.2 million cash bid for G & G; was not accepted.

In late January, Vernon-based BCBG asked a U.S. bankruptcy court in New York to deny a rival bid by Wet Seal. BCBG said it would pay G & G;’s creditors $22 million over five years, provide more than $20 million of inventory, and rehire half of the employees cut by the retailer, Reuters reported. G & G; filed for bankruptcy protection on Jan. 25.

& #8226; Superior Industries International Inc.

was awarded seven aluminum wheel supply contracts from Ford Motor Co., the Van Nuys-based supplier of aluminum automotive components said in a statement. Superior Industries won contracts to manufacture aluminum wheels for the Lincoln Town Car/Mercury Grand Marquis, Ford’s Five Hundred and Freestyle models, and Mercury’s Montego and Mountaineer. Superior Industries also was awarded contracts to manufacture a new line of 16-, 17- and 18-inch aluminum wheels for Ford’s Explorer and Sport Trac vehicles.