MILAN — Labelux Group, a Vienna-based luxury goods holding company, has reached an agreement to acquire Bally International from private investment fund TPG Capital for an undisclosed sum. The transaction will be finalized this summer.
Labelux is owned by Joh. A. Benckiser SE, a family-controlled financial holding company, and has subsidiaries in the Austrian capital and in Milan. The Benckiser family also owns the beauty firm Coty.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)