Restructure – Signature9 http://198.46.88.49 Lifestyle Intelligence Sun, 09 May 2010 15:39:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.4 No Happily-Ever-After For Lacroix? http://198.46.88.49/style/fashion/no-happily-ever-after-for-lacroix http://198.46.88.49/style/fashion/no-happily-ever-after-for-lacroix#respond Wed, 02 Dec 2009 01:39:21 +0000 http://198.46.88.49/?p=7311

Pass the Kleenex, pronto: the house of Christian Lacroix has been hit by the wrecking ball, with the legendary empire being completely stripped down to include only accessories and perfume.

After a steady downward spiral, the French fashion house has been assigned a turnaround plan by Paris’s commercial court and will be forced to close both its haute couture and ready-to-wear lines, an action which eliminates 92% of its work force and leaves a terrible void in the already-unshaky fashion world.

We’re still shocked at this turn of events and will greatly mourn the loss of the house, but we’re still glad (in a bittersweet way) that the Christian Lacroix name is (for now) able to avoid complete liquidation.  Bisous, Christian — we hope you pull through!

Read the full story {The Guardian}

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