Lacroix Sale Hits a Snag
The Ajman sheikh who was close to buying it isn't submitting his paperwork.
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The Ajman sheikh who was close to buying it isn't submitting his paperwork.
Christian Lacroix is in favor of the buyout.
His 70 million euro check is ready. Lacroix just has to sign for it.
The Paris court will rule on the bids in the upcoming weeks.
The French government wants to save his label, and it looks like they will.
The owners bought the label in 2005 without knowing a thing about the fashion business. Now it faces demise.
Today's couture show might not be his last after all.
Surely a zoo-owning billionaire out there wants to help?
It will include twenty looks and live models.
He'll put on a couture show, and no one's going to stop him. Got it?
Yet the couture collection he showed in January could have been his last.
It remains unclear whether courts will allow the recently bankrupt house's show to go on.
His recently bankrupt label has been unable to pay him.
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