Takhar has been with Halston since its relaunch in 2007. She got the job for her extensive experience and success growing luxury brands. Takhar’s last gig was as the Chief Commercial Officer of Jimmy Choo. Before that she took Earl Jeans from an unknown British denim line to £15 million in US sales within four years. Despite her previous successes, the board wanted Takhar out–which is not shocking given the label’s embattled state.
Harvey Weinstein, whose Weinstein Co. is one of the co-investors and principal owners of Halston said in a statement, “Sarah Jessica is a huge supporter of Bonnie’s, but it was time to change direction. It was the rest of the board that made the decision. No one was more steadfast to Bonnie than Sarah Jessica.”
According to reports, SJP was “visibly upset” upon learning that Takhar was out.