Soup's On

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Tuesday, April 28, 2009

Fashion for Sale

Not sure I thought I'd ever see the day when this would happen but, this recession makes some crazy things happen. The owners of fashion house Christian Lacroix are looking for a buyer! Owners, the Falic Group, are in negotiations with investors from Switzerland to sell a majority stake in the fashion house. The thing about this sell off, is Lacroix is one of a only a handful of fashion houses that produce haute couture. Sure they do jeans, shoes and other things but, the rarity is haute couture. The other sad thing is that in this economy people will be losing jobs whether this deal goes through or not. According to reports, the sale isn't final yet.

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