One long-time designer is conspicuously absent from the Paris Fashion Week schedule for Spring/Summer 2010. Indeed, Christian Lacroix’s Haute Couture show in July (pictured above) was billed as possibly his last fashion show ever. But, while rumours continue to swirl of would-be white knight investors to save Lacroix — the latest is Hassan bin Ali al-Nuaimi, a nephew of the ruler of Ajman — BoF investigates the wider implications for protecting a ‘Culture of Luxury.’
PARIS, France — News this week about a potential rescue of Christian Lacroix brought to light the remarks France’s culture minister Frédéric Mitterrand made this summer, saying the loss of the couture house would be a “cultural disaster.” He added that he was willing to help find a solution for Christian Lacroix.
This may no longer be necessary. Still, it raises some interesting questions about the cultural role of luxury. European governments are, in principle, prohibited from supporting certain industries or sectors to the disadvantage of others. This follows from EU competition rules on state aid. However, the importance of promoting culture is recognised as an exemption.






