Frédéric de Narp has to put Bally back on track

Frédéric de Narp has to put Bally back on track

Frédéric de Narp will become Bally’s new CEO, from 4 November onwards. He is charged with giving the Swiss luxury chain a new impetus, something he previously also did at Harry Winston.

Bally wants to aim higher

Bally wants to position itself higher in the market and is going through restructuring to reach that goal. The company’s new modus operandi should become visible, starting in 2014.

 

Previously, De Narp worked for jeweler Harry Winston North-America between 2010 and July 2013. Prior to that, he worked for Cartier for 18 years, starting in Japan and Europe before becoming its CEO and president for North America.

 

De Narp will replace Reinhart Mieck, the temporary CEO after previous CEO Berndt Haptkom left the company at the end of 2011. Mieck is also currently Labelux’ CEO, Bally’s parent company since 2008. Heading Labelux, he oversees Jimmy Choo’s, Zagliani’s and Belstaff’s operations.

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