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EXCLUSIVE: JAB Sells Bally to Regent Affiliate

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,...