FASHION Magazine

Rumours are swirling as to Olivier Theyskens next step in the fashion world after leaving Nina Ricci earlier in the year. Christopher Burch is developing a lifestyle brand and is said to be in talks with Theyskens for a separate design concept. Details are hush hush at this point but Theyskens has kept busy in his spare time, penning a retrospective book on his work due out in February, when we will absolutely, 100 per cent rush out to buy it. [WWD]

A French court approved the Falic group’s restructuring plan for Christian Lacroix today. This will mean that the label’s couture, ready-to-wear and retail shops will cease operation and the brand will turn into a Pierre Cardin-like licensing operation with only 11 employees staying on. We’re all mourning the loss of the label’s runway shows and hoping that another mysterious buyer will swoop in to save Lacroix. [The Cut]