OTB news and archive

Rosso (Otb) on Made in Italy: ‘Everyone copies us, we must show who we are’

“Europe should be stronger and more cohesive, with strong leaders who can assert our conditions and our distinctive qualities, so as not to be at the mercy of other major powers. We ask for more transparency, loyalty, strength and the will to show our qualities. It is not right that Italy suffers, for all the values that it brings with it. We...

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Jimmy Choo isn’t losing its market appeal, as Capri Holdings considers further growth

The fairytale is over, but the shoe remains with Capri Holdings this time. The ownership of Jimmy Choo stays in the US, at least for now. The label didn’t seem to fit within the ambitions of Prada Group, which does have an industrial plan in the making for Versace. It is a fact that there is speculation that the Jimmy Choo file is still open on...

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Diesel parent company OTB Group compensates employees for social engagement

The OTB Group is providing its employees with paid time off for their involvement with non-profit organisations. The Italian fashion conglomerate, which owns brands such as Diesel, Jil Sander, and Maison Margiela, launched the "Brave to Care" project together with its non-profit organisation, the OTB Group announced on Monday. The social...

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Jil Sander: Who is the new creative director Simone Bellotti?

On Monday, Renzo Rosso, founder of Diesel and the Otb Group, named Simone Bellotti as the next creative director to Jil Sander. Driven by an intuition that previously led him to appoint John Galliano for Maison Margiela, Francesco Risso for Marni, and Glenn Martens for Diesel, and then for Margiela, this entrepreneur with a creative spirit and...

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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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OTB Group appoints Andrea Rosso as Sustainability Ambassador

OTB Group has named Andrea Rosso as its Sustainability Ambassador, underscoring its commitment to sustainability through its “Be Responsible, Be Brave” strategy. In his new role, Rosso will focus on expanding sustainability initiatives both internally and externally, aiming to embed a responsible mindset across the company and its global supply...

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Diesel joins King Charles' Fashion Task Force

OTB Group’s Diesel has joined the Fashion Task Force, a project under the wing of the Sustainable Markets Initiative (SMI), founded by His Majesty King Charles III. HModa, a group of Italian luxury clothing manufacturers, has also joined the project. In a release, Federico Marchetti, chair of the Fashion Task Force, said it was a “great pleasure...

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OTB Group appoints Serge Brunschwig as CEO of Jil Sander and Chief Strategy Officer

OTB Group has announced the appointment of Serge Brunschwig as CEO of Jil Sander and Chief Strategy Officer of the wider OTB Group, effective February 5, 2025. Brunschwig will report directly to Ubaldo Minelli, OTB Group’s CEO, in what is widely seen as a strategic move to further elevate the luxury brand’s profile and strengthen the group’s...

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Viktor&Rolf secure five-year extension with OTB Group

The OTB Group has announced a significant five-year renewal of its partnership with Dutch design duo Viktor Horsting and Rolf Snoeren, extending their creative leadership of the Viktor&Rolf maison through to 2029. The deal marks a continued commitment to avant-garde haute couture from OTB, which acquired the label in 2008. The renewal comes as...

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John Galliano exits Maison Margiela

Luxury fashion house Maison Margiela has confirmed the exit of its renowned creative director John Galliano, marking the end of a significant creative chapter for the avant-garde brand. A statement released by the company suggest the departure was amicable, with founder and OTB Group CEO Renzo Rosso being open to future collaborations. The...

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Jil Sander CEO reportedly stepping down

Luca Lo Curzio is believed to be stepping down from his role as chief executive officer of Jil Sander. This is according to market sources cited by WWD. The media outlet did not disclose a reason for the alleged departure. If it is the case, it would bring to an end a short tenure at the luxury fashion house for Lo Curzio, who was only appointed...

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John Galliano to reportedly exit Margiela

The musical chairs of creative directors continues. This time, it appears that John Galliano is preparing to step down from the helm of Maison Margiela, a Parisian house he has creatively led for 10 years. It is believed that Galliano is set to make his official exit in the autumn of this year, a source for Fashionnetwork said, having decided to...