Restructuring firm Bernard Krief Consultants is reported to be planning to table a bid to rescue couture house Christian Lacroix.
According to reports, Bernard Krief Consultants is the sole bidder for the company, which collapsed into administration last month. The firm is expected to make a formal offer for Christian Lacroix on July 27.
If the couture house fails to secure a buyer its owner Falic Group could initiate a dramatic restructuring plan, which would see the French house’s staff slashed from 124 to 12 and the Christian Lacroix brand name licensed out.
Bernard Krief Consultants recently bid for the French young fashion chain Morgan, after it too ran into difficulty.
Earlier this month Christian Lacroix showed a collection based on widows dressed in black at Paris Couture Fashion Week. The funereal theme of the show suggested it could be the French designer’s last. See this week’s magazine for a full report from Couture Week.