The Italian denim label has tweaked its new store concept, introduced in Copenhagen last May, and will adapt its other monobrand stores accordingly, choosing between renovations, new openings and closures.
OTB, the holding company of Italian fashion billionaire Renzo Rosso, quadrupled its Earnings Before Interest and Tax (EBIT) to €21.5 million in 2017. Though total group revenue slid 2.4 percent over the same 12 months.
While LVMH 1st-quarter results were strong across brands, the luxury group’s Marc Jacobs label continues to be a weak spot. The company said on a conference call that a repositioning is on track but will take time.
The Italian fashion group led by Renzo Rosso has performed an in-depth make-over of its website otb.net, adding a platform dedicated to recruitment for the company's full range of activities and brands.