Skip to content
Upgrade to Intel
Subscribe and gain unlimited access to exclusive features and content

OTB's 2023 financial highlights

OTB Group, owner of Diesel, Marni and Maison Margiela, reported a significant 2023 financial boost, with revenues hitting €1.9 billion ($2.13 billion), a 7.2% increase from the previous year. Net sales rose 12.4% to €1.8 billion ($2.02 billion), driven by a 33.8% surge in direct sales, notably with China's revenue jumping 74%. Maison Margiela and Jil Sander shone brightly, and Diesel reversed its fortunes with a 13.1% revenue rise. Japan also saw a substantial 19.4% growth, reinforcing OTB's market leadership.

Get more news based on your interests