OTB, parent of Diesel, Jil Sander, Maison Margiela, has reported lower sales for the last fiscal year as a decline in wholesale more than offset growth in the DTC channel.
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Italian group OTB is the latest luxury conglomerate to report a downturn in sales for the full year 2024. The group, which ...
The Maison Margiela and Diesel owner attributed the decline to weakness in the wholesale sector, as it focuses on boosting ...
Operating profit at Italian fashion company OTB, which owns brands such as Diesel, Maison Margiela, Marni and Jil Sander, ...
Italian fashion group OTB reported a turnover of 1.8 billion euros, down 4.4 percent for the 2024 financial year, with net ...
Sales, the group highlights, were influenced by the general decline in the wholesale channel, but supported by the increase ...
The fashion group continues to eye an IPO and last year invested in its retail network and saw gains in Japan and North ...
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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 ...
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