Bally International Sa
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Bally International got the boot from Swiss conglomerate Oerlikon-Buhrle a decade ago, but the shoe designer still clings to its ballyhooed haute brand name. Bally focuses on selling its premium-priced shoes (50% of revenues). Other products include accessories (briefcases, handbags, neckwear, scarves) and apparel. Bally sells its products at some 180 company-owned stores and 500-plus concessions throughout Asia, Europe, and North America. The firm has updated its image from fancy shoes to luxury goods and complete collections on par with Gucci and LVMH. Vienna, Austria-based luxury goods holding firm LABELUX Group bought Bally from investment firm TPG Capital in 2008. LABELUX is owned by Joh. A. Benckiser.
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