Former executives from Harry Winston and Cartier are betting on recycled gold and lab-grown diamonds to revive a 160 year-old Paris jeweller favoured by Empress Eugénie and Anna Wintour.

Frederic de Narp spent 18 months trying to turn around Swiss shoemaker Bally International AG and now finds himself in a currency-induced nightmare.

Bally, the long-struggling Swiss leather goods maker, is back in growth mode after years of stagnant sales, buoyed by more contemporary designs and solid demand from Japanese and US buyers, its chief executive said.

BoF compiles the most important professional moves of the week.