OTB Group acquires Jil Sander brand

Photo Credit : www.jilsander.com

OTB Group acquires Jil Sander brand

The Italian fashion group, OTB is the parent company of many brands including Diesel, Maison Margiela, Marni and Viktor&Rolf and has agreed to acquire Jil Sander from Japanese company, Onward Holding.

Financial details regarding the purchase have yet to be revealed.