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BusinessMember

OTB reports slight turnover decrease despite direct channel growth

Italian fashion group OTB reported a turnover of 1.8 billion euros, down 4.4 percent for the 2024 financial year, with net sales reaching 1.7 billion euros, down 3.1 percent. The company achieved an EBITDA of 276 million euros, representing a 16.3 percent return on net sales and EBIT was 44 million euros. Direct channels experienced a 7.4...

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Fashion|In Pictures Featured

How Glenn Martens has been preparing for his position at Maison Margiela for years

Glenn Martens was the odds-on favourite to succeed John Galliano at Maison Margiela. The moment Galliano announced his departure from the Belgian fashion house in December 2024, all eyes immediately turned to Martens. There are several reasons why Martens immediately attracted attention. Not only is the Belgian designer already working at OTB...

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