Skip Nav
Celebrity Style
14 Stars Who Have Been In on the Braless Trend For a Long Time
18 Stylish Ways to Make Your Tattoo the Focal Point of Your Outfit
Fashion News
These 12 Supermodels Already Got Their Wings For This Year's Victoria's Secret Fashion Show

Christian Lacroix Could Officially Be Back by the End of the Month

>> Christian Lacroix was missed at Paris Fashion Week, but it sounds like he could be back before long — owner Falic Group has concluded a deal to sell Lacroix's label to bidder Al Hassan bin Ali Al-Nuami.  Although financial terms could not be learned, it is understood that the designer would become a minority shareholder in the company under the proposed deal.

The offer presented to the commercial court in Paris — which must still approve the deal — was made "in partnership" with Lacroix, according to a statement from the Ajman sheikh's lawyers. The sheikh pledged to continue the couture operations and ready-to-wear businesses, according to the brand's administrator, who expects the offer to be approved: "The offer has been formally lodged. It fulfils perfectly all the necessary criteria concerning maintaining the company's business, safeguarding jobs and assuming debt."

The commercial court is due to meet on the offer around October 20, and a decision could be made before the end of October.

Around The Web
Join The Conversation
Christian Lacroix to Design For Schiaparelli
Eva Mendes Dresses and Shoes
Christian Lacroix Home Line For Designers Guild
Christian Lacroix Has His First Post-Bankruptcy Fashion Job, Designing Monsieur Lacroix for Desigual
Fashion in 50 Seconds 7/21/10 Lanvin Lands a Store in New York, Erin Wasson's x RVCA Is Kaput
Christian Lacroix Update: Designer Working with the French Mint While His Former Brand Focuses on Menswear
Fashion in 50 Seconds 07/13/10 Agyness Deyn Turns Photographer, Christian Lacroix's New Gig

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Fashion
All the Latest From Ryan Reynolds