Thursday, May 28, 2009

Fashion Faux Pas of the Day: Christian Lacroix Files for Chapter 11

I wasn't ever a real Christian Lacroix fan, but did occasionally admire a few of their pieces.

While their bankruptcy is rather unfortunate, the way this article was written is just so wrong...

And I quote from The New York Times:

"But despite years of critical success, the company failed to break even, let alone turn a profit. Mr. Arnault sold Lacroix in 2005 to the Florida-based Falic Group, known for its Duty Free Americas chain. The Falic brothers aimed to refocus the luxury brand at the peak..."

I seriously hope the name Falic is not supposed to be pronounced the way I think it is?

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