Final answer:
Max Azria is the Tunisian fashion designer who founded the BCBGMAXAZRIA brand and acquired Hervé Léger, known for its signature bandage dresses. He played a significant role in the fashion industry, particularly in making designer fashion more accessible.
Step-by-step explanation:
The Tunisian fashion designer who founded BCBGMAXAZRIA and later acquired the fashion house Hervé Léger is Max Azria. Max Azria was a prominent figure in the global fashion industry, known for his contributions to affordable designer fashion. BCBGMAXAZRIA was founded by Azria in 1989, and the name stands for "bon chic, bon genre," a Parisian slang meaning "good style, good attitude." He expanded his fashion empire by acquiring the French fashion label Hervé Léger in 1998, well-known for its iconic bandage dresses that became a trend in the 1990s. Azria revived the brand with his own designs and his business acumen further solidified BCBGMAXAZRIA's presence in high-end retail spaces.