×
3 312
Fashion Jobs
AESOP
Retail Consultant | Aesop Stockbridge, Edinburgh | Part Time
Permanent · Edinburgh
TK MAXX
tk Maxx - Loss Prevention Officer - Full Time - Twickenham
Permanent · London
TK MAXX
tk Maxx - Loss Prevention Officer - Full Time - Dagenham
Permanent · Dagenham
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, George Street
Permanent · Edinburgh
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, Braehead
Permanent · Renfrew
DR. MARTENS
Vat And Compliance Accountant
Permanent · LONDON
AESOP
Retail Consultant | Aesop Covent Garden, London | Part Time
Permanent · London
SELFRIDGES
Personal Shopping Consultant
Permanent · MANCHESTER
SELFRIDGES
Personal Shopping Consultant- Mandarin, Cantonese or Thai Speaking
Permanent · MANCHESTER
CANADA GOOSE
Security Ambassador- Part Time
Permanent · MANCHESTER
CLARKS
Senior Treasury Finance Manager
Permanent ·
JOHN LEWIS
Loss Prevention Partner
Permanent · HIGH WYCOMBE
JOHN LEWIS
Loss Prevention Partner
Permanent · HORSHAM
JOHN LEWIS
Loss Prevention Partner
Permanent · OXFORD
BOOHOO GROUP
Warehouse Operative
Permanent · BURNLEY
BOOHOO GROUP
Warehouse Operative 06.00 - 14.00
Permanent · CRICK
BOOHOO GROUP
Warehouse Operative - t2p Only
Permanent · CRICK
BOOHOO GROUP
Warehouse Operative 18.00 - 02.00
Permanent · CRICK
NEXT
Delivery Coordinator - Bristol Imperial Park
Permanent · BRISTOL
NEXT
Delivery Coordinator - Newton Abbot
Permanent · KINGSTEIGNTON
NEXT
Sales Coordinator - Torquay
Permanent · TORQUAY
NEXT
Delivery Coordinator - Torquay
Permanent · TORQUAY
Ads
Translated by
Nicola Mira
Published
Jul 25, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

OTB increases stake held in Viktor & Rolf

Translated by
Nicola Mira
Published
Jul 25, 2019

After acquiring a minority interest last month in Californian label Amiri, Italian fashion group OTB continues to invest, increasing the stake it holds in Viktor & Rolf. The group led by Renzo Rosso, also the owner, among others, of Diesel, Maison Margiela and Marni, acquired a 51% stake in the Dutch label in 2008, and has now announced in a press release it has increased the stake to 70%.


Viktor Horsting, left, and Rolf Snoeren - Ph Philippe Vogelenzang


The value of the transaction was not disclosed, nor the revenue generated by Viktor & Rolf. OTB increased its stake by buying shares from the label's founders and designers Viktor Horsting and Rolf Snoeren, who each keep a 15% share in the label. “We believed in Viktor & Rolf more than 10 years ago, and we believe in the label even more now,” said OTB President Renzo Rosso.
 
The operation is part and parcel of OTB’s strategy of boosting the growth of the labels featured in its brand portfolio. In 2018, OTB generated a revenue of €1.439 billion and boasts a robust net cash position, leading it to plan investments of up to €200 million within three years.

Viktor & Rolf was founded in 1993, and is renowned for its quirky, conceptual style. In 1998, it premièred on the haute couture scene. In 2000, the two designers launched a women’s ready-to-wear line which was discontinued in early 2015, to reposition Viktor & Rolf in the high-end market segment. They then concentrated on haute couture collections, showing in Paris, and on perfumes, which are “a very important side of the business.”
 
“They are a duo of fashion artists, working chiefly on exclusive special projects and capsule collections,” a source at the OTB group told FashionNetwork.com.
 
Viktor & Rolf introduced an evening gown collection and a bridal line, notably distributed in the USA, Europe, Russia, the Middle East and Asia, and a ready-to-wear collection called ‘Tulle’, “which paved the way for the label on the Asian market,” said Viktor & Rolf. The Dutch label also commercialises an eyewear line produced under licence by Ego Eyewear.
 
Among other special projects, the ‘RE:Cycle’ collection, created for e-tailer Zalando, and an underwear line launched together with French lingerie label Aubade, currently available at select stores.
 

Copyright © 2023 FashionNetwork.com All rights reserved.