OTB, the holding company of Italian fashion billionaire Renzo Rosso, quadrupled its Earnings Before Interest and Tax (EBIT) to €21.5 million in 2017. Though total group revenue slid 2.4 percent over the same 12 months.
Diesel's premium label, headed by Andreas Melbostad, expanded its horizons at Milan Fashion Week Men with a collection displaying multi-ethnic inspirations gleaned from the brand's intercontinental travels.
The Renzo Rosso holding, which gained a majority stake in the Milanese brand in 2013, has acquired 100% of its capital. Founders Consuelo and Gianni Castiglioni will stay at the company, which will be led by Ubaldo Mi...
The success of Italian designer Roberto Cavalli’s youth-focused line has positioned the brand to renew its licensing contract ahead of schedule with Renzo Rosso’s OTB production division, extending the term by 5 years.