OTB Struggles with 4% Sales Decline Despite Success Stories at Diesel and Margiela Italian fashion conglomerate OTB, known for its renowned brands such as Diesel, Jil Sander, Maison Margiela, Marni, and Viktor&Rolf, faced a challenging year in 2024. Despite individual success stories within the group, OTB reported a 4.4% decline in turnover, amounting to €1.8 […]
The Debrief | How to Future-Proof Your Fashion Career in 2025
The Debrief | How to Future-Proof Your Fashion Career in 2025 As the fashion industry finds itself at a crossroads in 2025, professionals are facing unprecedented challenges amidst a backdrop of political shifts, leadership changes, and an overall slowdown in the luxury sector. The landscape is evolving rapidly, and for fashion careers to thrive in […]
Coty Sees Annual Profit at Low End of Forecast as Mass Beauty Demand Slows
In a world where beauty often reigns supreme, Coty Inc. finds itself navigating a challenging market landscape. The company recently announced that it expects its annual profit to be at the low end of its forecast due to a slowdown in consumer demand for beauty products, particularly in critical markets like the United States and […]