Christian Lacroix design house has filed for bankruptcy protection in France.  Always known for innovative style and  luxury, Lacroix marketed to the discerning tastes of the extreme elite. Perhaps this is a fashionable sign that the consumer has finally fallen out of love with luxury. This unexpected fall of one of fashions most reveered design house is a clear indication that during these economic times, people are more concerned with saving dollars than splurging on a couture piece.

It is truly sad and I hope that the label is picked up by another company as it would be a shame to loose such an innovative designer.

We have seen the same here in the wedding market with gown boutiques closing and more and more couples opting for DIY options.  I think that a wedding is the one time that it is ok to splurge…within reason.  You are only doing this once right?  Our advice….pick the three most important elements of your big day and focus the majority of your buget there and utilize cost saving measures on the rest.  Where there is a will….there is a way and you too can have the wedding you’ve always dreamed of. You just have to put your thinking cap on.