H OTB Takes Full Control of Marni · OTB Takes Full Control of Marni MILAN — OTB has taken full...
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11/23/15 OTB Buys Remainder of Marni Brand | WWD wwd.com/fashion-news/designer-luxury/otb-takes-full-control-marni-10283532/ 1/3 SECTIONS CAREERS CLASSIFIEDS Welcome ANTONELLA ACCOUNT LOG OUT TRENDS FASHION FEATURES FASHION SCOOPS DESIGNER AND LUXURY READY-TO-WEAR AND SPORTSWEAR TEXTILES INTIMATES AND ACTIVEWEAR DENIM COUTURE THEY ARE WEARING FASHION wwd fashion news designer luxury November 20, 2015 By Luisa Zargani Marni RTW Spring 2016 Davide_Maestri PRINT A- A A+ Who Should Be Dior’s Next Couturier? DESIGNER AND LUXURY Michael Kors on Japanese Style and Food DESIGNER AND LUXURY The World of Stella McCartney Comes to Dubai MORE ARTICLES BY Luisa Zargani LATEST DESIGNER AND LUXURY ARTICLES email facebook tw itter OTB Takes Full Control of Marni MILAN — OTB has taken full control of Marni, three years after acquiring a 61 percent stake in the Italian fashion company. The firms described the transaction as “the natural completion” of a path initiated with the purchase of the majority stake. Consuelo Castiglioni remains creative director of Marni and her husband Gianni Castiglioni president of the group. Ubaldo Minelli, chief executive officer of Staff International, has been appointed ceo of Marni, a role previously held by Gianni Castiglioni. Minelli will continue to also helm Staff International. “Marni represents a fundamental pillar of our group,” said OTB president Renzo Rosso. “It is a brand that fully reflects our vision of alternative luxury, with a unique creativity and an incredible potential for further development.” LATEST ISSUE VIEW/ DOWNLOAD RETAILMENOT OUTLINES NEW MOBILE PARADIGM FOR HOLIDAY SHOPPING MORE LATESTFASHION ARTICLES JUST IN
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11/23/15 OTB Buys Remainder of Marni Brand | WWD
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SECTIONSCAREERS CLASSIFIEDS
Welcome ANTONELLAACCOUNT LOG OUTH G I 6 L 4 3 M
TRENDS FASHION FEATURES FASHION SCOOPS DESIGNER AND LUXURY READY-TO-WEAR AND SPORTSWEAR TEXTILES
INTIMATES AND ACTIVEWEAR DENIM COUTURE THEY ARE WEARINGFASHION z
wwd fashion news designer luxury
November 20, 2015
By Luisa Zargani
Marni RTW Spring 2016
Davide_Maestri
PRINTA- A A+
DESIGNER AND LUXURY
Who Should Be Dior’sNext Couturier?
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OTB Takes Full Control of Marni
MILAN — OTB has taken full control of
Marni, three years after acquiring a 61
percent stake in the Italian fashion
company.
The firms described the transaction as
“the natural completion” of a path
initiated with the purchase of the majority
stake. Consuelo Castiglioni remains
creative director of Marni and her
husband Gianni Castiglioni president of
the group. Ubaldo Minelli, chief executive
officer of Staff International, has been
appointed ceo of Marni, a role previously
held by Gianni Castiglioni. Minelli will
continue to also helm Staff International.
“Marni represents a fundamental pillar of our group,” said OTB president Renzo
Rosso. “It is a brand that fully reflects our vision of alternative luxury, with a unique
creativity and an incredible potential for further development.”
G
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RETAILMENOT OUTLINES NEW MOBILE PARADIGMFOR HOLIDAY SHOPPING
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Rosso characterized the past few years with Marni as “intense and beautiful,” but
said he expected the future to offer “as many challenges, investments and great
results.”
Marni ended 2014, the year of its 20th anniversary, with sales of 130 million euros, or
$173 million at average exchange rate, and expects “a solid double-digit growth” in
2015.
In April, Marni and Staff International, the manufacturing arm of OTB, signed a
licensing agreement for the production and worldwide distribution of Marni’s men’s
collections, including ready-to-wear, accessories, footwear and small leather goods,
as part of a strategy to further develop the men’s division. The collaboration started
with the spring 2016 collection.
This year, Marni has also inked licensing agreements with Marchon, for the
production and distribution of its eyewear line and with Brave Kid for the production
and worldwide distribution of its children’s line. Also, flagships in Milan, San
Francisco and London have opened.
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