Thursday, 29 October 2009

Christian Lacroix Buy-Out Hearing Adjourned – 29/10/09

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.

No comments:

Who's behind the MO DOWN

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,