
Since the announcement was made on Thursday, there has been much discussion over Christian Lacroix filing for bankruptcy. “The French couturier whose artistic and exuberant pouf dresses propelled him to fame in the 1980s became the latest victim of the global financial crisis…” wrote Suzy Menkes in The New York Times. The company submitted a petition for protection from creditors in a Paris court. Whether it will be restructured or liquidated has yet to be determined.







