Designer News. Christian Lacroix in Financial Trouble

Christian LaCroix 'La Croix sweetie, La Croix.' Eddie from "Absolutely Fabulous" Not immune to the economy and luxury spending nosedive, Christian LaCroix SNC has sought court protection from its creditors. According to WWD, the Paris-based fashion house filed a petition with the commercial court yesterday, reflecting the vulnerability of wholesale-dependent brands amid the sharp downturn …

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