After seven years as CEO of Bally, Marco Franchini has decided to leave the company to pursue other goals. Franchini joined Bally in early 2002.

Since its acquisition of Bally, the Labelux Group has worked closely with the senior management team to develop a long-term growth strategy and stays fully committed to the future development of the brand.

Brian Atwood will remain the brand’s Creative Director with the full support of management. A successor to Marco Franchini has not been named.

—Melanie Gropler