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, built on over 170 years of timeless design and unparalleled quality, is a testament to…