×
130
Fashion Jobs
H&M
Power bi Specialist to h&m Group Business Tech
Permanent · Stockholm
H&M
Product Owner – Sap Data Volume Management
Permanent · Stockholm
H&M
Group Manager Group Compliance
Permanent · Stockholm
H&M
Product Area Manager – Ecosystem Platform, Customer Domain
Permanent · Stockholm
H&M
Senior Communications And PR Manager to h&m Group Business Tech
Permanent · Stockholm
H&M
Accounting Business Expert With Sap Experience
Permanent · Stockholm
H&M
Product Area Lead Engineer Within Circular Business Models - h&m Group
Permanent · Stockholm
H&M
Learning And Development Specialist to Business Tech HR
Permanent · Stockholm
H&M
Business Analyst For The h&m Brand Customer Insights & Analytics Team
Permanent · Stockholm
H&M
Tech Oriented HR Business Partner –h&m Group Business Tech
Permanent · Stockholm
H&M
Process And Learning Specialist Within Business Controlling to Assortment Support & Learning
Permanent · Stockholm
H&M
Head of Product Analytics – h&m Business Tech - Customer Domain
Permanent · Stockholm
H&M
Commercial Advisor to h&m Group Business Tech
Permanent · Stockholm
H&M
Product Area Manager - Business Tech Checkout
Permanent · Stockholm
H&M
Business Expert With Passion For Product Information to h&m Group Business Tech - Customer Domain
Permanent · Stockholm
H&M
Software Engineer to The Network Management & Security Team Within Business Tech
Permanent · Stockholm
H&M
Analytical Engineer to Business Tech, h&m Group
Permanent · Stockholm
H&M
Technical Engineer to Monitoring & Insights Team, Business Tech h&m Group
Permanent · Stockholm
H&M
Product Owner - Cloud Analytic Platform
Permanent · Stockholm
H&M
Data Specialist to Tech Enablement, Business Tech h&m Group
Permanent · Stockholm
H&M
Product Owner With Sap Competence – Data Foundation
Permanent · Stockholm
H&M
Product Owner – Engagement Engine - Customer Engagement, h&m Group Business Tech
Permanent · Stockholm
Published
Mar 5, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Renzo Rosso’s OTB acquires Jil Sander

Published
Mar 5, 2021

It’s official. Only the Brave (OTB), the key company in the fashion empire of Renzo Rosso, has acquired Jil Sander, the Hamburg-born label known as the highest expression of minimalism in fashion.


Jil Sander - Fall-Winter2020 - Womenswear - Milan - © PixelFormula


 
The acquisition had been widely rumored, and adds Jil Sander to a stable of dynamic designer brands, including Maison Margiela, Marni and Viktor&Rolf.
 
“OTB announces the addition of a new iconic name to its unique portfolio of fashion houses: Jil Sander,” the Italian group said in a release Friday morning.

Founded by the eponymous German designer in 1968, Jil Sander grew to become Germany’s most influential indigenous fashion houses for the past half century.
 
After being acquired by Prada two decades ago, the house ended up being eventually being acquired by the Japanese multi-brand fashion conglomerate Onward Holdings in 2008. The brand has been under the critically acclaimed creative direction of Lucie and Luke Meier since 2017. 
 
“OTB and Onward Holdings have signed an agreement for the Italian group to acquire 100% of Jil Sander,” the Venetian group noted. Terms were not released. 
 
“I have admired and respected Jil Sander since the fashion house was first established. Despite the changes of ownership and creative direction, the house has always stayed true to its founder’s vision, maintaining an absolute commitment to beauty, quality, and its signature minimalist approach. To be able to welcome this timeless jewel to our group of unique, unconventional labels is an honor and a long-term undertaking,” said OTB President Rosso.
 
Besides being the parent company of Diesel, OTB also controls Los Angeles-based Amiri, while its production company Staff International boasts worldwide licenses to such happening marques as DSquared2 and Koché.
 
For 2020, the group reported consolidated turnover of €1,317 million, EBITDA of €176 million, and a strong positive net financial position of €175 million. 
 

Copyright © 2021 FashionNetwork.com All rights reserved.