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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.
ItalyJapanItalianJapaneseRenzo-rossoJil-sanderMaison-margielaViktor-rolfLucie-meierJil-sandersOnward-holdingsOnly-the-braveA Weekly Look at Some Shipping and Logistics News You Might Have Missed
Some of the Smaller Stories from Another Virus Tinged Week
UK – Rail freight grew by 2.1% in Q3 of 2020-21, according to official statistics issued on 4 March by Office of Rail and Road (ORR). This was driven by a growth in construction materials moved by train, up 6.1%, intermodal, up 2.3% and steel and metals, which increased by 12.3%. This was partly offset by reductions in movement of petroleum products which remained suppressed by ongoing travel restrictions, and coal reflecting the ongoing trend to renewable generation.
The period between October and December 2020 covered both the second UK lockdown and the run-up to the end of the Brexit transition period. Maggie Simpson OBE, Rail Freight Group (RFG) Director-General, commented:
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