Regent news and archive

Switzerland’s Bally sold to owner of Escada

Swiss luxury brand Bally International AG has been sold by German investment firm JAB Holding to an affiliate of Regent, the owner of Escada and Club Monaco. The news was confirmed in a press release, in which founder and chairman of Regent, Michael Reinstein, said: “Bally is one of the world’s great heritage luxury brands. “Its legacy, built on...

Business

Ralph Lauren sells Club Monaco to PE investor Regent

Ralph Lauren Corporation has announced the sale of the Club Monaco brand to global private equity firm Regent, L.P. The company said that the transaction is expected to close by the end of June. “As we increase our focus on our core namesake brands, we want to ensure the Club Monaco brand is also well-positioned for long-term success. We are...

Business

Escada acquired by private equity firm

German-based womenswear brand Escada has been sold to global private equity firm Regent. The Mittal Family, which bought the Munich-based luxury label in 2009, confirmed that it has sold the business to Regent for an undisclosed sum. Megha Mittal, chairman of Escada said in a statement: “It has been a privilege to chair and evolve Escada over...