Jul 28, 2009
Crisis-hit French designer Lacroix 'confident'
Jul 28, 2009
PARIS, July 28, 2009 (AFP) - French designer Christian Lacroix said Tuesday 28 July he was "confident" about the future of his embattled fashion house following talks with Industry Minister Christian Estrosi in Paris.
Photo: AFP/Pierre Verdy
"We had extremely positive discussions," Lacroix told reporters.
"I feel extremely supported. I feel confident... It's a support that frankly I wasn't expecting, at least not with such depth and rapidity," he added.
Italian retailer Borletti has emerged as the leading contender to take over the Christian Lacroix fashion house, which has been in administration since June, the company's court-appointed administrators said earlier.
A final decision on the company is expected in September.
Created in 1987 with the backing of the global luxury leader LVMH, which sold the house to Falic in 2005, the house of Lacroix made a loss of 10 million euros (14 million dollars) last year on sales of 30 million euros.
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