Finance
Spain's STL to buy luxury fashion house Christian Lacroix
Published by Global Banking & Finance Review®
Posted on January 24, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 24, 2025
1 min readLast updated: January 27, 2026
Spain's STL acquires Christian Lacroix, aiming to expand its luxury brand portfolio and international presence. The deal is a private transaction.
MADRID (Reuters) - Spain's Sociedad Textil Lonia (STL) is to buy French fashion house Christian Lacroix for an undisclosed sum, the company said on Tuesday.
Christian Lacroix, founded in 1987 by the namesake designer known for his baroque and embroidered dresses, was once part of French luxury giant LVMH and later belonged to the Falic family.
STL, which owns the brands CH Carolina Herrera and Purificacion Garcia as well as 600 stores worldwide, described the agreement as a "private transaction".
"By acquiring Maison Christian Lacroix, with its treasure of archives and the rich history of French haute couture, STL expands its brand portfolio, strengthening its international presence," the company said in a statement.
Spanish luxury beauty and perfumes group Puig , which made its debut on the Spanish stock exchange in May, owns a 25% stake in STL.
(Reporting by David Latona and Corina Pons; Editing by Jan Harvey)
The main topic is the acquisition of Christian Lacroix by Spain's STL to expand its luxury fashion portfolio.
Christian Lacroix was previously owned by LVMH and later by the Falic family.
STL aims to expand its brand portfolio and strengthen its international presence through this acquisition.
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