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Articles Archive for 4 August 2009

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by Gerardo Mendez [4 Aug 2009 | No Comment | 821 views]
Lacroix: Desperately Seeking Investors

I read some wonderful news last week. So wonderful , in fact, that many blogs, magazines, and even the most important newspapers are talking about it. It looks as if Christian Lacroix has finally found an investment group willing and able to save the fashion house from bankruptcy (an issue we touched upon in an earlier post). According to Bloomberg, “Christian Lacroix SNC, the French fashion label that filed for protection from creditors in May, may receive as much as 15 million euros ($21 million) from Bernard Krief Consulting if a planned bid for Lacroix is accepted in France’s business court.”