Tuesday, 2 June 2009

Lacroix Will Not Leave Us Without A Fight - 01/06/09

The fashion world is at risk of losing one of its kings as French couturier Christian Lacroix fell victim to the global financial crisis.

But all is not lost. Despite filing for court protection from his creditors on May 28, 2009, Lacroix has vowed to give “200 percent” to stop his couture house from going under. And this even means forgoing his salary. According to a WWD Fashion article (‘Lacroix Vows Fight To Keep House Alive’), he has been working “free of charge for several months.”

We cannot picture a future without Lacroix. An innovator like Yves Saint Laurent and Karl Lagerfeld, he sits in a league of his own. It is indeed a sad and telling sign of the times when fashion royalty of his calibre are facing extinction. We hope his followers are ‘200 percent’ behind him and put their money where their mouth is!
Read more about Lacroix’s current life and legacy in The New York Times.
Posted by MO at 7:59 am
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Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury, www.moluxury.com.au