Christian Lacroix

The outlook for lavish French couture house Christian Lacroix looked increasingly bleak Tuesday as a French tribunal adjourned bankruptcy hearings with no fresh news of a buyer. "To this day, bidders to take over the firm have not justified the means of financing their company plans, or at least not sufficiently," said judicial administrator Regis Valliot after a three-hour hearing at the Paris tribunal. A new hearing was set for December 1 and Valliot said both an Emirati sheikh and a French firm interested in stepping in to save the prestigious house could submit details to the tribunal before that date. Sheikh Hassan Ben ... Read Full Story

A French tribunal on Tuesday adjourned hearings on a bid by an Emirati sheikh to take over Christian Lacroix, four months after the couture house filed for bankruptcy, participants said. Citing procedural delays, the Paris competition tribunal set a new hearing for November 17, said a lawyer representing Sheikh Hassan Ben Ali al-Naimi. The United Arab Emirates sheikh, who is close to the ruling family of the Ajman emirate, stepped in last month to take over the fashion house after Italian retailer Borletti withdrew its offer. He made a formal 100-million-dollar offer for Christian Lacroix this month, in partnership with the designer, and is ... Read Full Story

United Arab Emirates Sheikh Hassan Ben Ali al-Naimi made a formal offer on Thursday to take over Christian Lacroix, four months after the French couture house filed for bankruptcy, the firm's administrator said. The offer presented to a competition tribunal for approval was made "in partnership" with the designer, said a statement from the sheikh's lawyers. The sheikh, who is close to the ruling family of the Ajman emirate, stepped in last month to take over the fashion house after Italian retailer Borletti withdrew its offer. In his offer, Naimi pledged to maintain the fashion house's activities, save jobs and take on its debt, ... Read Full Story

For his last ever show (though we pray for the future of fashion it is not) Christian Lacroix has chosen a darling to grace his catewalk - Daria Strokous. The memory of her beauty wearing this masters creations will live in our memory for years to come and hope for many more!! Christian Lacroix - Runway Christian Lacroix - Runway We love you Christian Lacroix!!!! Stars like you shine forever in our hearts!!!! Read Full Story

PARIS (Reuters) - The administrator for cash-strapped fashion house Christian Lacroix called "serious" a joint bid by the designer himself and Italy's Borletti and Milan's La Rinascente department stores. A rival offer by turnround firm Bernard Krief Consulting (BKC) was "insufficient," the couture company's administrator said on Monday. Two other bids were too low to be considered. The Christian Lacroix company, which was once part of French luxury giant LVMH, now belongs to the Falic family, owners of U.S. retail group Duty Free Americas. Borletti is the owner of France's Printemps stores. "Several offers have been made," Regis Valliot, the court-appointed administrator told Reuters. ... Read Full Story