Add muse to the list of occupations that are not recession proof. If anyone stands to profit from the latest ’80s revival in fashion, it does not appear that it will be Christian Lacroix. Even as his signature pouf silhouette made a particularly high-profile return engagement in Marc Jacobs’s collection for Louis Vuitton — and not to mention on the back of the ultimate ’80s material girl at the Met Ball — according to Suzy Menkes’s report in today’s IHT, Lacroix has filed for the French equivalent of chapter 11 bankruptcy protection.
*article taken from NY Times*
Yes, another fashion house files for bankruptcy. Just not too long ago it was Lambertson Truex, the fabulous duo which are famous for their handbags. They have now been bought by Tiffany & Co. Wonder if anyone and if yes who will buy Christian Lacroix? Hmm...
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