In October we told you that, Sheikh Hassan Ben Ali al-Naimi made a $100 million bid for the fashion house that was expected to save it from collapse. At that time Lacroix said ""As a Latin guy, I'll believe it when it happens". It maybe just be the "famous last words". AFP reports that the French tribunal ...
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Making top of news this evening is the latest in potential high end designer houses in trouble. This time it's Versace. A label that came to prominence under Gianni Versace and headed by his sister Donatella after his death in 1997. WSJ reports: "Still, Versace's latest plan is a clear sign that the global cutback in ...
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