R.I.P Christian Lacroix. The last Haute Couture fashion house files bankruptcy.
"The lessons seem to be that it is now difficult to survive in high fashion without being part of a corporate group that can invest in product development and flagship stores and that the pyramid model is no longer viable." nytimes.com
Read the full article here: http://www.nytimes.com/2009/05/29/business/global/29lacroix.html?_r=1&ref=fashion
How sad? I used to read about Lacroix in my fashion history books, the house is a legend in the haute couture world. This economy is really killing the fashion world slowly.
That is really sad :( Christian Lacroix Haute Couture was more an art form than just fashion. I always thought they created really fun, creative and exciting pieces.It was like walking art!
ReplyDeleteOh how sad, I always enjoyed looking at those amazing pics from their shows. :(
ReplyDeleteSo, in other words you need to be owned by LVMH or the Gucci group to survive? Sad that this economy is killing individuality...:(
ReplyDeleteLip- I agree to the fullest, he CL was truly an artist and centered his work out creativity. It is really sad.
ReplyDeleteStefanie- I know!
ReplyDeleteTina- I couldnt agree more with what you said! It is a realy crying shame that in order to surive you will need to be bought out, managed and run by a huge conglomerate parent company. That is a sure fire way to kill all the small people and creativity in general!
ReplyDeleteThats very, very sad. One of the best Haute Couture shows ever. Who´s next? Scary!
ReplyDeleteThis is depressing to hear. One of the biggest names in fashion having to file for bankruptcy. Now the question at hand is what can be done to prevent others from meeting the same fate?
ReplyDeleteStern- I know, so scary and SAD!
ReplyDeleteKrista- I don't know if there is much to be done at this point, its just going down the toilet. Retail environment is very hard right now. I am battling here at work.
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