In 2000, Nordstrom acquired France-based chain Faconnable boutiques, which carried high end, fashionable merchandise, for US$ 169 million The chain had 24 stores across Europe. In Nordstrom opened eight more Faconnable boutique in Europe. In 2005, it acquired a majority interest in luxury fashion boutique Jeffrey, which operated from Atlanta and New York. In 2007, Nordstrom sold the Faconnable boutiques for US$ 210 million to M1 Group, based in Lebanon.