“With the acquisition of Maison Lacroix, with its archives and rich history of French haute couture, STL expands its brand portfolio and strengthens its international presence in the world of haute couture,” STL said in a statement. “We will do everything possible to ensure that the unique talent of its creator and his invaluable contribution to the world of fashion regain their potential,” adds the group.
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 and production and sale of accessories and women’s and men’s ready-to-wear. The group employs 2,500 people and has 600 stores in 43 countries.
