House of Lacroix to Change Hands?

In a time when five-figure, hand-finished pink pouf skirts are an awfully difficult to rationalize purchase (even for us, masters of high fashion rationalization), the owners of fashion house Christian Lacroix are looking for a buyer. As you may recall, Louis Vuitton Moet Hennessy (LVMH) launched Lacroix in 1987, only to unload the unprofitable house rather suddenly in January 2005 to the Falic Group, a duty-free retailer based in Miami. The Falic Group is now negotiating a deal to sell a majority stake in Lacroix, one of the handful of houses that produces haute couture (along with jeans and perfume),