Wednesday, December 2, 2009
Christian Lacroix in dire state
Although an investor seemed to have swooped in to save the 22-year-old staple Parisian brand, Christian Lacroix, it seems as though the deal fell through and the fashion house is once again on the verge of disappearing. Apparently it's going to take an investor with at least 100 million euros to save the company. Only eleven of the company's 120 employees will keep their jobs to work to pay off the debt that the fashion house owes. I hope that they can make some magic happen!
Labels:
christian lacroix,
debt,
fashion house closing
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