LONDON — Labelux Group, parent of brands including Bally, Jimmy Choo and Derek Lam, is now on the prowl for two chief executive officers.
This story first appeared in the January 10, 2012 issue of WWD. Subscribe Today.
WWD has learned that Berndt Hauptkorn left his role as Bally’s ceo late last month. In November, Jimmy Choo ceo Joshua Schulman revealed his plans to leave later this year.
Labelux did not return phone calls at press time.
Hauptkorn took over the role in October 2009, having previously served as ceo of Labelux. During his tenure at Bally, he hired the brand’s current design team of Graeme Fidler and Michael Herz, and expanded the company’s store network in Japan, Turkey, and India.
He also boosted full-price, in-season sales at the brand, and ramped up business in China, where Bally has more than 50 stores. Last fall, under Hauptkorn’s watch, Bally launched a China-specific e-commerce site with language, content and the offer tailored to that market online.
As chief of Labelux, Hauptkorn oversaw the purchase of Solange Azagury-Partridge, Derek Lam and Zagliani. He was succeeded by Reinhard Mieck, who is currently Labelux’s ceo.
Labelux, which is owned by Joh. A. Benckiser SE, a family-controlled financial holding company, acquired Bally in April 2008 from private investment fund TPG Capital.