VOICED: French court shuts down Lacroix fashion designs

VOICED: French court shuts down Lacroix fashion designs

Assessment

Interactive Video

Business, Design

9th - 12th Grade

Hard

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Cristiano Lacroix's latest couture show marks the end of an era as the fashion house faces closure. The Paris Commercial Court has approved a restructuring plan that involves significant staff cuts, leaving only a few employees to manage licenses. Despite the emotional toll on long-time employees, there remains a glimmer of hope for the future if a buyer can be found. However, the company's substantial financial losses make this prospect uncertain.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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