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When attempts to separate Izod and Lacoste to create revenue did not alleviate the debt, Crystal sold his half of Lacoste back to the French and Izod was sold to Van Heusen. However, starting in 2000, with the hiring of a new fashion designer Christophe Lemaire, Lacoste began to take over control of its brand name and logo, reining in their branding arrangements. Currently, Lacoste has once again returned to the elite status it held before a brand management crisis circa 1990.
Getty. FLOTUS stepped out Tuesday night in a flawless powder blue and black lace gown by Carolina Herrera for the State Dinner. As she and POTUS greeted French President Hollande in The White House foyer, we were stunned by the intricacies of her black beaded and blue silk choice. This is not FLOTUS' first time wearing a piece by the Venezuelan designer, and it is easy to see why.