STL Acquires Christian Lacroix to Revive Iconic Haute Couture
This is Beirut, 08/01 14:00 - Reading : 2 minute(s)
The Spanish fashion conglomerate Sociedad Textil Lonia (STL) announced on Tuesday that it has reached an agreement to acquire the Christian Lacroix brand, with the goal of reviving the once-iconic label to its former glory. The deal, made with the US-based Falic Group, which specializes in duty-free retail, was a “private transaction,” with ...