Diesel, Margiela: OTB Luxury Fashion Group spared by Coronavirus

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Against all expectations, and despite a historic “shutdown” in Italy, the Italian group OTB, chaired by Renzo Rosso, is forecasting widespread sales growth of around 13% in 2020.

 

In the midst of the global Coronavirus crisis, and while the luxury sector seems drawn into an inevitable recession, the OTB group announces more than satisfactory results for 2019 and rising forecasts for 2020. Explanations.

 

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Featured photo: © OTB

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