FACONNABLE MOVES: Façonnable SAS, the classic-style French designer brand owned by Nordstrom, has named Thierry Domarak president. In this role, Domarak will oversee the brand’s European operations and report to Mark Brashear, president of Nordstrom Product Group. Domarak, who for the last year served as the company’s director of human resources and financial director, succeeds Pierre Guerin, who left the company in February after one year.

SHOE BLUES: Stephane Kelian, the high-end maker of shoes and accessories, has filed for the French equivalent of Chapter 11 proceedings. The company, based in southeastern France, blamed its financial difficulties on losses accumulated over the last two years. "The group is very fragile at a time of crisis in the luxury sector," Kelian said in a statement. The company had losses of about $1 million last year on sales of about $46 million. Besides its Stephane Kelian line, the firm also operates the low-priced Mosquitos shoe brand. Kelian employs about 550 people.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus