It's a sign of the times. Yet another luxury brand is dealing with negative numbers when it comes to sales.
Well-known couture apparel and handbag designer Christian Lacroix has filed for bankruptcy following a recent 35% downturn in fall/winter sales. It makes one wonder how long any of these high-end companies, like Valentino or Versace, can make it while shoppers are having to be frugal and cut out things like $1,200 clutch bags.
“Our intent is definitely a continuation of the business,” Nicolas Topiol, Lacroix’s chief executive officer, said in an interview before meeting with the firm’s 125 employees. “But the crisis has definitely hit us below the knees.”
Celebrities might continue to strut the Parisian designer's gorgeous looks on the red carpet, but it doesn't sound like many fashionistas are heading to Christian Lacroix boutiques to spend money on his items. Could this be the beginning of the end for the design house, or just a bump in the road?
[Source: WWD]
[Image: viakali/Flickr]
Christian Lacroix Handbags on eBay
| Authentic Christian Lacroix Hand Shoulder Bag $1100 US $450.00 ![]() Auction Ends: 26d 13h 7m Make it yours... |
| NWOT CHRISTIAN LACROIX GORGEOUS SILVER LEATHER BAGUETTE US $179.00 ![]() Auction Ends: 1d 9h 26m Make it yours... |
| VINTAGE CHRISTIAN LACROIX HANDBAG EVENING BAG BLACK US $79.00 0 Bid ![]() Auction Ends: 5h 46m Make it yours... |


Tooled leather is a massive trend this summer. For vintage aficionados this is a blessing, a chance to drag their sexy retro belts and sturdy leather handbags out of fashion hibernation. Vintage style satchels and cross body purses such as this are just begging to be used and loved.
While it may not be gracing the pages of Vogue any time soon, this
Stella McCartney always puts an edgy downtown twist on her designs. Not so edgy that she doesn't have an uptown audience, though. Usually she walks a very thin line between classic and punk rock.
Drawstring totes can be considered mainstays of casual handbag fashion. They come in all shapes, sizes, prices, and textures ranging from the affordable patent
Following on from her popular retrospectives Vintage Fashion, Vintage Furniture, and Vintage Shoes comes fashion expert Marnie Fogg's latest coffee table compendium,
Some say fashion should be fabulous, frivolous, and fun. Sure there's a place for practicality, but if you want to really make a statement you need something as outrageous as this Judith Leiber minaudiere.
Marvin Traub's
There is a lot to like about the
I am truly in holiday mood today. The sun is out and shining, and the time seems apt to explore the world of travel accessories.