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Christian Lacroix is ready to start designing again…but not for his own label. Schiaparelli will present a capsule collection designed by Lacroix as a tribute to Elsa Schiaparelli. Lacroix hopes to “reposition Elsa at the center of her maison and on the stage from which she once seduced the world.”

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Christian Lacroix & Elsa Schiaparelli

Cathy Horyn confirmed that a 15-piece haute couture collection will be shown at Schiaparelli’s 21 place Vendôme headquarters during the couture shows in Paris in July. The collection, which was coordinated by Tod’s chaiman and CEO Diego Della Valle, will be the first designed for Schiaparelli since it shut down in 1954. Della Valle bought the brand’s archives and trademarks in 2006 with the goal of bringing it back, but hasn’t yet named a new creative director or offered up any new designs for the brand.

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Cathy Horyn’s tweet & Diego Della Valle

Schiaparelli does have a spokeswoman though. Della Valle hired French model and actress Farida Khelfa last year. Rumors are swirling that Marco Zanini, the head designer for Rochas, will fill the position of head designer for Schiaparelli, but nothing has been confirmed. In addition to the regular collections designed by the as-yet-unnamed designer, contemporary artists will contribute collections on a yearly basis and pay tribute to Schiaparelli for being “the first to marry art and fashion.”

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Marco Zanini & Farida Khelfa

Christian Lacroix lost his previous creative director position when his namesake label filed for bankruptcy in 2009. His name is still used for lines of men’s clothes, wedding dresses, and fragrances, but his haute couture and ready-to-wear collections ceased to exist.

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News of the collection is exciting for both the designer and the brand and will add plenty of buzz to Couture Fashion Week. What do you think of Lacroix’s latest gig? Will he be a good fit for Schiaparelli?