NEW YORK — In what appears to be yet another tale of a marriage between a designer and their backer gone sour, Devi Kroell has left the company that bears her name.
On Thursday, the six-year-old luxury accessories and ready-to-wear label confirmed that “Kroell has decided that she will step down from the company she established. She informed her staff on Tuesday that she is resigning as the [chief executive officer] and creative director of the company, although she will remain a shareholder and a member of the board of directors.”
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?"