We expected Christian Lacroix to have a new owner by now. But the latest word is that the French tribunal set another hearing for November 17, due to procedural delays.
According to an AFP report, an Ajman sheikh, Al Hassan Bin Al Nuaimi, is the frontrunner in the buyout. Other contenders are Bernard Krief Consulting and La Financiere Saint Germain.
For more information, consult the MO Down on October 1.