Lacroix haute couture declares itself insolvent

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Uploaded by on May 28, 2009

The haute couture fashion line of Christian Lacroix has said it's unable to meet its financial obligations, according to a French newspaper, reflecting the plummeting market in pret-a-porter women's clothing. Its sales are said to have dropped by 35%, as the financial crisis seems poised to take its first luxury victim.

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  • En voilà des histoires pour des robes portées par des squelettes à l'oeil mort.

  • My fashion idol has come crashing down ;[

    Lacroix; always&forever.

  • Lacroix sweetie! Lacroix! Sorry had to do an ab fab moment there! So luxury markets are crumbling under the weight too?! Gosh, that's a reality check. Is anything safe from crumbling?

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