So Not Haute. Christian Lacroix Says Goodbye to Couture.

Edited by Saynt

“Christian Lacroix, the celebrated French designer whose fantastical creations and luxurious image captured the decadence of its age, was told today that the fashion house he founded over two decades ago is to cease making haute couture.”

Another One Bites the Dust. Luella Bartley Loses Funding

Edited by Saynt

Uber girly British fashion label, Luella, has just lost funding. Worst part of the whole thing is that Spring 2010 orders will not be filled. You’ll be missed Luella Bartley.

Yohji Yamamoto Files For Bankruptcy

Edited by Kirby Marzec

The future of Yohji Yamamoto is undoubtedly bleak. The Japanese designer recently filed for bankruptcy protection due to his $76 million debts. But there is hope; an investor offered to bail Yamamoto out and get this man back on his feet. The only question is, will Yamamoto be too proud to accept this financial help?

Thanks NY Mag!