Uso de cookies Utilizamos cookies propias y de terceros para mejorar nuestros servicios y mostrarle publicidad relacionada con sus preferencias mediante el análisis de sus hábitos de navegación. Si continúa navegando, consideramos que acepta su uso. Puede obtener más información sobre nuestra: Política de cookies

The global fashion business journal

15 Sep 201915:54

OTB increases stake in Viktor & Rolf up to 70%

The Italian group, owner of brands like Diesel and Maison Margiela, has increased up to 70% its shares in the Dutch fashion company, with a participation of 51% up until now. 

25 Jul 2019 — 16:45
Mds
Share
Save

OTB increases shares in Viktor & Rolf up to 70%

 

 

OBT gets stronger in Viktor&Rolf. The Italian group, owner of brands like Diesel and Maison Margiela, has increased up to 70% its shares in the Dutch fashion company. Up until now, the company had 51% of the shares since its incorporation in 2008.

 

This transaction happens in the context of investment strategies in other groups. Last June, the group acquired a minority stake in the American Amiri.   

 

The Italian group closed 2018 with losses of 26 million euros (29 million dollars) due, in part, to the cease of operations estimated in 32.5 million euros (36.2 million dollars). Sales reduced 5.2%, up to 1.4 billion euros (1.6 billion dollars), compared to the 1.5 billion euros (1.7 billion dollars) last year.

Comment
Share
Participation rules

info@themds.com

 

Validation policy for comments: 

 
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
 
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment
...