Skip Nav
River Island
There's a Very Good Reason Why 200 Pairs of These Jeans Sell Every Hour
Fashion
4 Heel Styles That Don't Sacrifice Comfort For Style
Fashion Instagrams
Meet the Wrap Dress That Belongs in Every Girl's Wardrobe

Christian LaCroix Fails to Find Buyer Secures Licensing Deal 2009-12-01 06:50:51

Fab Flash: Christian Lacroix Fails To Find Buyer

Back in May, news broke that French couture house Christian Lacroix had filed for bankruptcy and now, more than six months later, it has still failed to find a buyer. Lacroix and it's existing owner the Falic group have been in court today in attempt to rescue the company from administration. The court approved a restructuring plan which will see the workforce cut from 110 to just ten. This will mean an end to its high-fashion, ready-to-wear and retail operations. The new licensing agreement will include men's tailoring, knitwear and shirts as well as wedding dresses and perfume.

Image Source: Getty
27 Reasons to Date a British Man
Kate Middleton and Prince William Drinking Beer in Germany
Dan Stevens at Comic-Con 2017
Where Are the Game of Thrones Characters From in Real Life?
From Our Partners
Latest Fashion
All the Latest From Ryan Reynolds