Thursday, 9 July 2009

Massive Layoffs At Lacroix – 9/7/09

Some sad news today: the house of Lacroix has announced it will reduce its workforce by almost 100 percent from 124 to 12, according to WWD Fashion. This restructure spells disaster for the 22-year-old fashion house, which can only be saved if a buyer bails them out. Click here for a detailed description of what may become Lacroix’s final show.

Posted by MO at 8:10 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