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Dominique Muret Translated by
Nicola Mira Published January 7, 2025 Reading time
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Christian Lacroix bought by Spanish group Sociedad Textil Lonia

By

Dominique Muret Translated by
Nicola Mira Published
January 7, 2025

Christian Lacroix is now flying the Spanish flag. The long-established Parisian fashion house has been sold to Galicia-based group Sociedad Textil Lonia (STL), in which Catalan fashion and fragrance giant Puig holds a 25% stake. “STL, Sociedad Textil Lonia, has reached an agreement to acquire a 100% stake in Christian Lacroix as part of a private transaction,” STL said in a press release, without giving details on the transaction’s value. Christian Lacroix had been bought by US group Falic in 2005.

“By acquiring the Christian Lacroix fashion house and its archives, which are a symbol of French haute couture’s history and expertise, STL has added to its brand portfolio, consolidating its international presence in the world of fashion and luxury,” said STL. The Spanish group is keen to add Christian Lacroix to its business, and said it “will do everything [it] can to ensure that the unique talent of its designer and his invaluable contribution to the fashion world reach their full potential.”

STL was founded in 1997 as a vertically integrated textile company operating a design team, its own production facilities for ready-to-wear and accessories, and a distribution network. It is based in the village of O Pereiro de Aguiar, in the Ourense province, and in 2022 it generated revenue of over €400 million. STL set up its own brand, Purificación García, in 1998.