Labelux Group (Jimmy Choo, Bally) loses two CEOs

According to WWD, Berndt Hauptkorn, CEO of Bally is to exit the Swiss based luxury house. Bally is owned by Labelux Group (Benckiser family) which also owns Jimmy Choo, Derek Lam. After the exit of Tamara Mellon, Jimmy Choo’s founder and brand ambassador, Joshua Schulman, the company’s CEO is to leave the company by the end of the year. Labelux acquired Jimmy Choo in 2011.