Lacroix went under administration in June this year, after great losses due to the recession but it has not been able to find a buyer to take it on. Last year, the firm lost 10m euros ($14.9m; £9.1m).
Potential buyers for Lacroix and interested parties are able to negotiate directly with Florida's Falic Group, which owns the fashion house.
Gulf investor Hassan bin Ali al-Nuaimi and France's Bernard Krief Consulting had shown interest in buying Lacroix but they missed a deadline to guarantee the funding for the company’s purchase.
