Christian Lacroix Gets a Bailout

Reprieves

Updated Apr. 25, 2017 2:37PM EDT / Published Jul. 22, 2009 11:54AM EDT

Those tears during the Paris couture Lacroix fashion show may have been in vain! Yesterday afternoon, French management-consulting firm, Bernard Krief Consulting, announced it would make an offer for the bankrupt Lacroix label on Monday, July 27, despite the fact that the house hasn't been profitable in its 22-year history. No word yet from Lacroix on the offer, but Louis Petiet, president of Bernard Krief, said he plans to increase Lacroix’s sales fivefold over the next five years—if the deal goes through.

Read it at New York Magazine

Trump OKs New Conditions for $175 Million Bond in Fraud Case

Trump’s attorneys agreed to five concessions demanded by the state.

Superfan Reveals Intricacies of Taylor Swift’s NYC Home

Tyler Conroy said he even got to use the star’s monochrome, TS embroidered hand towels.

‘Sorry for Having Great T*ts’: Sydney Sweeney Hits Back

Carol Baum had told an audience that Sweeney was overhyped, “isn’t pretty,” and “can’t act.”

Four Germans Arrested For Commemorating Hitler’s Birthday

One was seen giving a stiff-armed Nazi salute outside the home where Adolf Hitler was born.

Papua New Guinea PM Slams Biden’s Bizarre Cannibal Comment

Last week, Biden appeared to imply his uncle was eaten by cannibals after his plane went down over the country during World War II.

Columbia Goes Remote Over Safety Concerns After Gaza Protest

Columbia’s president said the change was intended to deescalate tensions and allow the university to address security concerns.

Jerry Seinfeld Reacts to ‘Curb,’ ‘Seinfeld’ Finale Backlash

“I don’t believe in regret,” the comedian said. “I think it’s arrogant to think you could have done something different.

‘Extremely Dangerous’ Russian Jamming Hit Flights: Report

Thousands of civilian airline flights are suspected of being affected.

Christian Lacroix Gets a Bailout