The French fashion house Christian Lacroix is said to have found a new owner in the Spanish clothing group Sociedad Textil Lonia (STL).
STL has reached an agreement to take over Christian Lacroix completely, reports the trade magazine Vogue Business. Until now, the brand was under the umbrella of the US consumer goods group Falic Group, which also owns the retailer Duty Free Americas. No further details were provided regarding the terms of the takeover.
In addition to Christian Lacroix, the Spanish accessories and bag supplier Purificación García and the CH Carolina Herrera brand are also part of the STL portfolio. According to its own information, STL has over 800 stores in more than 40 countries.
About Christian Lacroix
The fashion house Christian Lacroix was founded in 1987 – under the direction of the artistic director of the same name – with the French luxury goods group LVMH. Born in Arles, France, the designer brought Spanish influences to his couture creations, playing with an exuberant, colorful and baroque style. Stars like Madonna, Julianne Moore and Uma Thurman soon wore his pieces, including the well-known ‘Pouf’ skirt.
The first ready-to-wear creations followed in 1988, in which haute couture also played an important role. In the coming years, the range was also expanded to include jewelry, bags and other accessories. At this time, the brand opened its first stores in France, London, Geneva and Japan.
In 2005, LVMH then sold the brand to the Falics, the family behind the group of the same name. Four years later, Sacha Walckhoff, who had worked for the brand since 1992, was appointed to the role of Artistic Director.