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. "Sarah has been a strong supporter of Bonnie for a very long time, and has been the sole voice supporting her against the board and shareholders," a source told Page Six. "Parker was in the middle of the office, in tears, when she finally heard that Bonnie was going."
Marios Schwab's designs for the label had everyone's hopes up, and SJP has certainly given Halston incredible exposure both on the red carpet and by wearing her Halston Heritage throughout SATC2.
But with Takhar's departure, the legendary '70s fashion house is once again, at a crossroads.