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After working with the company for two years, he used a loan from his father to buy a 40% holding in the company, which changed its name to Diesel, and marketed jeans under the Diesel brand and many others. [10] Rosso bought out Goldschmied's interest in the Diesel brand name in 1985 for US$500,000, becoming the sole owner of the company. [10]
The company was founded in 2002 by Renzo Rosso as a holding company for Diesel and future acquisitions of fashion houses. OTB Group is the parent company of a number of brands, including Diesel, Maison Margiela, Marni, Jil Sander, and Viktor & Rolf. The company recorded an annual revenue of €1.9 billion [2] in 2023. Ubaldo Minelli has been ...
Renzo Rosso signature white.png. Renzo Rosso (born 1955) is an Italian entrepreneur and a businessman. He is the founder of Diesel and the president of OTB Group, the parent company of Maison Margiela, Marni, Viktor & Rolf, Jil Sander.
The New York-based unit of Italy's Diesel SpA filed for Chapter 11 protection from creditors with the U.S. bankruptcy court in Delaware.
DL1961 is a global premium denim brand that is carried in hundreds of stores. [1] The brand was founded in 2008 using XFIT LYCRA, [2] a fabric it has patented. [3] XFIT is a cotton-wrapped Lycra thread intertwined with polyester made by DL parent company ADM Denim, which was founded by Faisal and Meliha Ahmed. [4]
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