OTB, the Italian fashion group (Diesel, Maison Martin Margiela, Marni, Jil Sander, Viktor & Rolf), posted Tuesday a sales growth of 12% in 2022.
OTB (Only the Brave) is continuing its strong momentum. Helped by strong sales growth in North America and Asia-Pacific, the Italian group with a rich and varied portfolio of fashion houses (Diesel, Maison Martin Margiela, Marni, Jil Sander, Viktor & Rolf …) posted an annual turnover up 12% to 1.74 billion euros ($ 1.87 billion).
In addition, the Italian group posted a net profit of 105 million euros for 2022, up 72% from 2021.
“Forecasts for the coming years indicate continued growth for the entire luxury industry,” said OTB Chairman Renzo Rosso.
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