Christian Lacroix files for bankruptcy
Sadly, we have yet another casualty of the global recession. Yesterday, French fashion house Christian Lacroix filed for bankruptcy, citing the, “consequences of the global financial crisis which has sharply hurt the luxury goods industry”, as the cause. The problem of course is sales are down and with everyone including the “wealthy”, tightening...
by Michele Obi at May 29th, 2009 at 10:05 am