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Fashion Jobs
L'OREAL GROUP
Sap Sales Distribution & Business Analyst
Permanent · Ho Chi Minh City
PUMA
Manager Product Line Sportstyle Footwear
Permanent · Ho Chi Minh City
H&M
Area Manager - Vietnam
Permanent ·
L'OREAL GROUP
Key Account Executive - Drugstore Channel
Permanent · Ho Chi Minh City
PHV
Manager, Quality Assurance – Process Engineer
Permanent · Ho Chi Minh City
H&M
Security/ Compliance Manager
Permanent · HO CHI MINH CITY
PHV
Manager, Merchandising
Permanent · Ho Chi Minh City
L'OREAL GROUP
Online Brand Manager - Vichy & la Roche Posay
Permanent · Ho Chi Minh City
L'OREAL GROUP
Social Manager - Consumer Product Division
Permanent · HO CHI MINH CITY
H&M
Store Department Manager (Quản lý Ngành Hàng Tại Cửa Hàng) - đà Nẵng Based
Permanent ·
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Aeon Mall hà Đông
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Aeon Mall hà Đông
Permanent · HANOI
H&M
Department Manager (Quản lý Ngành Hàng) - Khu Vực Ocean Park Gia Lâm
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Vincom Times City
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Tại Vincom Plaza hạ Long
Permanent · HẠ LONG
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Times City
Permanent · HANOI
H&M
Visual Merchandiser (Phụ Trách Trưng Bày Làm Việc Tại Cửa Hàng) - hồ Chí Minh Based
Permanent · HO CHI MINH CITY
H&M
Nhân Viên tư Vấn Bán Hàng Khu Vực Royal City - hà Nội (Bán Thời Gian và Toàn Thời Gian)
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Mega Mall Times City, hà Nội
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực hà Đông, hà Nội
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Gia Lâm - hà Nội
Permanent · HANOI
NIKE
Nhân Viên Vận Hành Máy ép Nhựa (Đồng Nai)
Permanent · Ho Chi Minh City
By
Reuters API
Published
Apr 30, 2021
Reading time
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Italy's OTB expects to accelerate creation of luxury hub

By
Reuters API
Published
Apr 30, 2021

The pandemic opened a new chapter in terms of M&A and Italy's OTB expects to accelerate its long-time project to create an Italian luxury hub, the chief executive of the fashion group said on Friday.


Diesel/Polygiene



The group, which owns brands including Diesel, Maison Margiela, Marni and Viktor&Rolf, bought German label Jil Sander from Japanese retailer Onward Holdings in March.

CEO Ubaldo Minelli said the company was not only looking at acquiring fashion brands, but also at possibly buying firms in the production and distribution sectors.

"The company has all the tools - financial, organisational, managerial and from a capitalisation point of view - to press on with our project", Minelli said at an online conference.

The chief executive explained that the Sander acquisition was part of OTB's aim - "which starts way back" - to create a large portfolio of luxury brands, "something that many have tried but that only (OTB founder) Renzo Rosso has managed to do".

The coronavirus crisis led to an unprecedented fall in fashion and luxury sales last year due to months of forced shop closures in all major markets and a slump in tourism following travel bans worldwide.

But the sector has also seen major investment and M&A deals, including the acquisition of a 24% stake in shoemaker Louboutin by Agnelli's holding company Exor, and luxury down jacket maker Moncler buying smaller Italian high-end brand Stone Island.

In March Minelli told Reuters that even without acquisitions, OTB's business plan to 2023 would still forecast annual sales increases in line with pre-pandemic guidance of 12% to 13%, thanks to strong growth in Asia and soaring online sales.
 

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