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Coty Announces Extension of License Agreement With Jil Sander

Today, Coty, one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, and Jil Sander are happy to announce the renewal of their

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Coty (COTY) Extends License Agreement With Jil Sander

Coty (COTY) Extends License Agreement With Jil Sander
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OTB Pushes on Beauty and Digital With Two Board Additions

OTB Pushes on Beauty and Digital With Two Board Additions Women s Wear Daily (WWD) 7 hrs ago Alessandra Turra MILAN OTB has made two additions to its board, which already included president Renzo Rosso, chief executive officer Ubaldo Minelli, and Rosso’s son, Stefano. The fashion group, established by president Renzo Rosso, has tapped two independent board members who will support the company’s growth in the key areas of beauty and digital innovation. More from WWD Senior vice president of the global marketing and makeup business unit at leading cosmetics manufacturer Intercos, Arabella Ferrari, who was previously at The Estée Lauder Cos. Inc., will bring her knowledge of the beauty industry to OTB, which currently operates a portfolio of brands that includes Marni, Maison Margiela, Diesel, Jil Sander and Viktor & Rolf, as well as Amiri, in which the Italian group has a minority stake. OTB also controls manufacturing company and industrial platform S

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Italy's OTB Expects To Accelerate Creation of Luxury Hub

Italy's OTB Expects To Accelerate Creation of Luxury Hub
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

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Prada S p A : Japan's Onward sells Jil Sander label to Italian luxury group OTB

Message : Required fields TOKYO (Reuters) - Japanese retailer Onward Holdings is selling its loss-making Jil Sander brand to Italian luxury conglomerate OTB, which will add the label to a collection that includes Diesel, Maison Margiela and Marni. Onward, which bought the Jil Sander brand for about $244 million in 2008, said in a Tokyo Stock Exchange release on Friday that the subsidiary recorded a loss of 17.8 million euros ($21.22 million) in the year through February 2020. The company, which depends heavily on sales at Japanese department stores and has struggled with pandemic-related closures and weak consumer spending, said it aimed to shore up its finances by exiting the Jil Sander business.

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