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Christian Lacroix Rescued from Bankruptcy by Chevalier Blanc

by Amy Judd | July 28, 2009 at 05:20 pm

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The fashion house of Christian Lacroix is no longer facing bankruptcy, thanks to Chevalier Blanc. a wine producer from Bordeaux.

Christian Lacroix filed for bankruptcy protection in May, and although there have been some interested parties, including Bernard Krief Consulting, no one was able to make a bid large enough.

There were many tears in the house during the recent couture shows when it was thought that the much loved designer had just presented his swan song and would not survive an impending financial meltdown.

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Barbara McPherson

at 19:20 on July 28th, 2009

Hard to imagine him going bankrupt. He has had such a lavish lifestyle -- to go with the couture -- that I can't imagine him in anything less than a chateau.

Amy Judd

at 19:30 on July 28th, 2009

I know, I think it's because he hasn't done any 'cheaper' lines or been very accessible to 'regular' people like some of the other designers; of course that's just me speculating.