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.
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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
Italy s OTB Expects To Accelerate Creation of Luxury Hub
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Maison Margiela Owner OTB Confirms Acquisition of Jil Sander
Maison Margiela Owner OTB Confirms Acquisition of Jil Sander
The group also owns luxury brands Diesel, Marni, and Viktor & Rolf.
The group also owns luxury brands Diesel, Marni, and Viktor & Rolf.
March 8, 2021
Italian fashion group Only The Brave (OTB) has taken 100% hold of fashion label Jil Sanders after reported interest in acquiring the brand since January. Also the parent company of Maison Margiela, Diesel, Marni, and Viktor & Rolf, OTB is headed by entrepreneur Renzo Rosso.
Financial details are yet to be made public, but Jil Sander s previous owner, Japanese group Onward Holdings, acquired the brand for 167 million euros in 2008. Sander herself left her eponymous brand in 2013 to pursue endeavors such as a Uniqlo partnership. Jil Sander s creative direction remains in the hands of Luke and Lucie Meier.