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Leadership change at Bally: Mario Grauso appointed CEO

Swiss heritage brand Bally has appointed a new chief executive officer. Mario Grauso succeeds Ennio Fontana, who is leaving the company. Grauso previously held a senior creative role at the brand. Industry publication WWD first reported the news on Tuesday. Grauso has over 20 years of experience leading international fashion and lifestyle...

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Business

Switzerland’s Bally sold to owner of Escada

Swiss luxury brand Bally International AG has been sold by German investment firm JAB Holding to an affiliate of Regent, the owner of Escada and Club Monaco. The news was confirmed in a press release, in which founder and chairman of Regent, Michael Reinstein, said: “Bally is one of the world’s great heritage luxury brands. “Its legacy, built on...

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