fashion + beauty + insider interviews + est 2006

Monday, March 10, 2008

JUICY BITS: LACROIX IS LOOKING INTO LA PARTNER

paris - oh that was an awful headline! i know it! but the point is legendary luxury house, christian lacroix is currently looking for a financial investor. the label, which makes roughly $61 million a year, is looking to double that income over the next three years and according to company c.e.o, nicolas topiol, selling part of the company to an investor would be the best way to do it. "with a new partner, we could accelerate the achievement of these targets," he told les echos newspaper in france. don't you just love how companies set financial goals and become dogged about meeting them. what if we did that with our personal finances?

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