This year, fashion grads searching for their first job will find it downright daunting and nearly impossible to land an entry-level position. Only 10 percent of the students graduating from F.I.T.’s accessories program have found full-time jobs, according to WWD’s Footwear News, and the same statistic holds for shoe-design students from Parsons.

Christian Lacroix may not yet be on the road to recovery – a recent court ruling shut down the fashion house’s haute couture and pret-a-porter clothing lines – but he is back on track. A railroad track, to be precise. Lacroix designed the interiors of the trains for French company SNCF back in 2006 and now has [...]

Pass the Kleenex, pronto: the house of Christian Lacroix has been hit by the wrecking ball, with the legendary empire being completely stripped down to include only accessories and perfume. After a steady downward spiral, the French fashion house has been assigned a turnaround plan by Paris’s commercial court and will be forced to close [...]

The circle of life runs round again, and while on one hand we’re excited by all of fashion’s new kids on the block, we’re also sad to see the probable end of the fashion greats like the house of Christian Lacroix. Lacroix is another designer who has had to declare insolvency in response to the [...]