Thursday, 19 November 2009

Let’s Hope It’s Third Time Lucky For Christian Lacroix – 19/11/09

The waiting game continues for Christian Lacroix as the Paris Commerce Court postponed their decision for the second time.

This time, the reason for the delay was that two potential buyers, Hassan bin Ali al-Nuaimi and Bernard Krief Consulting, "could not show the documentation certifying the funds needed for the acquisition were available," according to Reuters.

A decision will, hopefully, be made on December 1st. Consult the MO Down for October 29 for background information on this hearing.

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,