Christian Laroix has had some very emotional ups and downs in the search to find an investor to same his namesake label. After a series of disappointing bids, he recently received a promising proposition from Italy’s Italy’s Borletti Group, which has stakes in both La Rinascente and Printemps department stores. The Borletti group, according to Lacroix administrator Regis Valliot, had made a “serious” offer as of Monday for Christian Lacroix SNC and if successful, the proposal would keep the couture and the licensing business, but also would further develop Lacroix’s dreams of a luxury ready-to-wear line and a new fragrance, to follow the now defunct C’est la Vie. “The brand doesn’t yet have the perfume it deserves,” he said.