![After two years of Fortune Fountain Capital ownership, the French crystal maker Baccarat finds itself in a vulnerable position and a cloudy future. Photo: Baccarat](https://cache.luxurydaily.com/wp-content/uploads/2020/09/jing-daily-092820.jpg)
French crystal company Baccarat is under new ownership as a group of creditors have taken control of Fortune Legend Limited, a subsidiary of its Chinese parent company Fortune Fountain Capital.
French crystal company Baccarat is under new ownership as a group of creditors have taken control of Fortune Legend Limited, a subsidiary of its Chinese parent company Fortune Fountain Capital.