Thursday, 28 May 2009

Lacroix Files for Bankruptcy

Despite his infamous silhouette coming back with a (questionable) bang on Madonna's bod at this year's Met Ball, Lacroix has filed for bankruptcy on behalf of his fashion house.

Of course, it seems obvious that in a recession people are not only swapping lunch out for lunch box but pouf sillhouette for topshop tulip skirt.

One gets the sinking feeling that Lacroix may be one of the the first in a considerable line of fashion houses to suffer...

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