By Bloomberg Published Aug 22, 2024 Chanel Ltd. is buying a minority stake in Swiss watch brand MBF in a deal that will give the independent watchmaker financial security while boosting the French fashion brand’s standing in the high horology industry. See catwalkChanel – Cruise Collection2025 – Womenswear – Marseille – ©Launchmetrics/spotlight Known for its...
Category: Fashion
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Switzerland’s OEKO-TEX welcomes new CEO Alfred J. Beerli
Dr. Alfred J. Beerli, the new CEO of OEKO-TEX, started in June. Dr Beerli brings experience in strategic management consulting and operational, IT and knowledge management. Alfred J. Beerli began as CEO of OEKO-TEX in June. Formerly CEO of uniQconsulting and workfashion.com, and a Board Member of amfori BSCI, he aims to advance OEKO-TEX’s...
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Bally finds a new owner
Sign up to receive the Vogue Business newsletter for the latest luxury news and insights, plus exclusive membership discounts. Bally finally has a new owner. JAB, the investment vehicle of Germany’s billionaire Reimann family, has sold the 173-year-old Swiss brand to US-based investment firm Regent, whose portfolio includes Club Monaco, Escada and La Senza. The acquisition...
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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....
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EXCLUSIVE: JAB Sells Bally to Regent Affiliate
MILAN — After 16 years, Bally has a new owner. On Thursday, an affiliate of Regent, the owner of Club Monaco and Escada, will reveal it has acquired Bally International A.G. from JAB, WWD has learned. “Bally is one of the world’s great heritage luxury brands,” said Michael Reinstein, founder and chairman of Regent. “Its legacy,...
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GoSee – Creative Photography, Art and News Services
Zoë Pastelle is the cover girl in SCHÖN MAG Switzerland – with creative retouch by ONE HUNDRED BERLIN June Tamò-Collin photographed Swiss actress Zoë Pastelle with her newborn son Ilios for SCHÖN MAGAZINE Switzerland (fashion: Arianna Pianca, hair & makeup: Jasmin Berger, location: the photo studio At the Atrium, Zurich). One Hundred Berlin was in charge...
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Watches of Switzerland Launches Exclusive TAG Heuer Carrera Tourbillon
As Watches of Switzerland continues to celebrate its 100th anniversary, the retailer has revealed an exclusive Carrera Tourbillon with TAG Heuer. Blending classic design with modern technicality, this special timepiece nods to racing heritage with its striking reverser panda dial. Encased in 42mm stainless steel, the watch stars a sleek black dial that pairs perfectly...
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L’Oréal to Acquire 10% Stake in Swiss Skin Care Company Galderma
Galderma, originally set up as a joint venture between Nestle and L’Oreal before the latter sold its 50 percent stake in 2014, listed an initial tranche of its stock in late March. L’Oréal will now acquire a 10 percent stake for an undisclosed premium from Sunshine SwissCo AG – a consortium led by Swedish private...
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Hermès heir’s $13B fortune has seemingly vanished after he vowed to award huge chunk to his gardener
The multibillion-dollar fortune belonging to the reclusive Hermès heir has seemingly vanished months after he promised to donate a large chunk of his colossal inheritance to his gardener. Nicolas Puech, 81, the largest individual shareholder of the French fashion house, was told by a Swiss court on July 12 that his wealth manager, Eric Freymond, cannot be...
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Chargeurs acquires Cilander’s strategic assets in Switzerland
Chargeurs believes acquiring Cilander’s assets enhances its high-value-added products, completes its brand portfolio, and reinforces its industrial excellence. Credit: Shutterstock Chargeurs has expanded its portfolio by acquiring Cilander’s fashion and luxury brands including Alumo, Eugster & Huber, Brennet and Swiss Ghutra. Chargeurs PCC Fashion Technology (CFT PCC) says the acquisition brings new finishing technologies particularly...
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Man questioned after Hong Kong fashion model partner stabbed to death in Bangkok
Thai police have questioned a man suspected of killing his 24-year-old partner, an international model who previously worked in Hong Kong. Media outlets in the country said on Tuesday that Gwendoline Cretton, a Swiss passport holder, was killed at her residence in Bangkok’s Prawet district on Thursday night last week. She was reportedly stabbed to...
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Marathi Star Mitali Mayekar’s Bold Poolside Photos in Switzerland Go Viral
Mitali Mayekar, one of the most beloved actresses in the Marathi film industry, has again captivated her fans with her latest social media update. Known for her debut as a child actor in Irrfan Khan’s “Billu” and later for her role in the film “Urfi,” Mitali has always been a prominent figure in the entertainment...