Lacroix hit by 'Le Crunch'

It seems the recession has claimed another fashion victim. This time its Christian Lacroix! Yes, according to Breakingnews.ie, the French fashion house began insolvency proceedings today after telling the Paris commercial court that it cannot pay creditors. Such a pity and ironic in a way. Go to the website and you'll hear the riff of Nirvana's Come as You Are being played by an orchestra. Couture - the new nihilism!

Image: courtesy of Style.com