NEW YORK — Mark Brashear, Façonnable's chief executive officer of six years, resigned abruptly this month, but M1, the brand's owner, said it won't let that derail its expansion plans for the fashion company.
"I will be replacing Mark straight away," said Maher Mikati, ceo of M1Fashion and an executive director of M1 Group, the Beirut, Lebanon-based entity that bought Façonnable from Nordstrom for $210 million last year. "I will be fully present in Nice [Façonnable's headquarters in France] after Easter. We have a budget we're going to stick to and expansion plans that we will stick to."
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"