Appointment of CEO Developing Brands - Solange Azagury Partridge, Derek Lam and Zagliani

Labelux GmbH ("Labelux"), the fast growing luxury group, today announces the appointment of Andrew Marshall to the newly created position of CEO Developing Brands, effective 1 December 2011.

Andrew brings with him a wealth of senior luxury brand management experience, including at Gucci Group where he held general management roles both in head office and in all key geographies relevant to Labelux. Other brands on his résumé include Dunhill, Montblanc and Links of London, where turnover doubled under his tenure, establishing the brand as a significant player in the global luxury jewellery market.

Working closely with Group functions and the individual business teams, Andrew’s role will be to oversee the strategic, financial and operational growth of the Group’s Developing Brands: Solange Azagury Partridge, Derek Lam and Zagliani.

Reinhard Mieck, Chief Executive Officer of Labelux Group, said:

"There are great opportunities for our developing brands and we are delighted to have been able to attract an executive of Andrew’s calibre to reinforce the position of LABELUX as a growing force within the international luxury industry."

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