Friday, May 29, 2009
Shocking news this morning. French fashion house Christian Lacroix has gone bust, filing for bankruptcy yesterday afternoon. The former Creative Director for Pucci has filed for bankruptcy in an apparent attempt to stave off creditors. I am really saddened by this news, I never imagined that any of the fashion houses would collapse in the midst of this recession, even though it is one of the industries hit hardest. Hopefully this will be the only one.
Posted by SequinsandBangles at 10:20 AM