Created in 1987 by the designer of the same name, the Christian Lacroix brand was bought by the Spanish group Sociedad Textil Lonia (STL).
The Spanish textile group Sociedad Textil Lonia (STL) announced on Tuesday the acquisition of the Christian Lacroix house, without disclosing the amount of this transaction. “With the acquisition of Maison Lacroix, with its archives and rich history of French haute couture, STL is expanding its brand portfolio and strengthening its international presence in the world of haute couture,” STL said in a statement.
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“We will do everything possible to ensure that the unique talent of its creator and his invaluable contribution to the world of fashion will regain its potential,” adds the Spanish group.
Brand created in 1987
The Christian Lacroix brand was created in 1987 by the eponymous designer, with the support of the world number one luxury brand LVMH, which sold it in 2005 to the Falic group, specializing in duty free. In 2009, following financial difficulties, the Paris commercial court decided to apply the Falic group’s recovery plan and eliminated around a hundred positions as well as haute couture. Christian Lacroix left the group in 2010.
STL was founded in Spain in 1997 as a textile company dedicated to the design, production and sale of women’s and men’s accessories and ready-to-wear. It employs 2,500 people and has 600 stores in 43 countries.
