Labelux news and archive

Bally names new chief executive

Swiss luxury brand Bally has appointed Frederic de Narp as its new chief executive, effective November 4. De Narp joins Bally from his position as president and chief executive of Harry Winston, where he has been credited with turning around the luxury jewellery and watch brand. Reinhard Mieck, CEO of Bally’s parent company Labelux said: “We are...

Fashion

Jimmy Choo takes over Bluebell

The towering luxury heels maker, Jimmy Choo, has bought out its Hong Kong joint venture partner, Bluebell, for an undisclosed sum. With this movement, the fashion label takes control of its operations in Hong Kong. New owner Labelux, the private European luxury group which acquired Jimmy Choo from TowerBrook Capital in a deal worth more than £...

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Fashion

Belstaff joins Labelux portfolio

'Tis the season for mergers and acquisitions in the fashion sector, and hot on the heel of Jimmy Choo comes the purchase of Belstaff by Swiss luxury goods business Labelux.The undisclosed deal follows on from the recent retail acquisition surge, with the purhcases of Kurt Geiger, Moncler and Labelux’s own purchase of Jimmy Choo being the...

Fashion

Jimmy Choo bought by Labelux Buys

Luxury British shoewear brand Jimmy Choo is acquired by Labelux from London based private equity firm TowerBrook Capital Partners LP. Two sources familiar with the deal said Jimmy Choo is bought for an estimated 500 million British pounds ($812 million). Towards the end of June the deal is expected to close. Labelux confirmed co-founder and...