Balmain's Last Dance?

[ignitioned32]

Balmain Goes Bust?

In six months, we will know whether this year will be the last for
legendary fashion house Balmain. The company, which filed for the
French equivalent of Chapter 11 protection last month, has been
granted six months to pull itself out of the red. The house is
looking for new investors that will pump up the label's figures,
which dropped from sales declined by more than half last year to
11.5 million euros from 30.2 million a year ago.

 

[Scott]

I always felt they did the worst thing by firing Gilles Dufour....and now they seem to be paying the price.

 

[mikeijames]

given the successes of lanvin and nina ricci, it seems that there would be an appetite for another revived house...but it'd have to be big.