The fashion group continues to eye an IPO and last year invested in its retail network and saw gains in Japan and North America.
Italian group OTB is the latest luxury conglomerate to report a downturn in sales for the full year 2024. The group, which owns Maison Margiela, Diesel, Jil Sander, Marni, and Viktor & Rolf, reported a turnover of $1.88 billion USD and an overall decrease of 4.4% in sales across all brands.
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