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Bally chief executive exits

Bally chief executive Marco Franchini has left the luxury footwear and accessories company after seven years in the role.

Franchini decided to leave to pursue other personal interests, according to the company. A replacement has not yet been appointed. The rest of the Bally management team and creative director Brian Atwood will continue pushing forward the company’s strategy.

Bally was bought by Labelux Group in April last year, and said that it continued to be fully committed to the future development of the brand.

Bally has a store in London’s New Bond Street, a concession in Selfridges in London, an outlet shop in Bicester Village and three stores at Heathrow airport.

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