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OTB reports 2024 sales drop despite gains at key brands

Summary by fashiondive.com
The Maison Margiela and Diesel owner attributed the decline to weakness in the wholesale sector, as it focuses on boosting its DTC segment by opening more retail stores.

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fashiondive.comfashiondive.com

OTB reports 2024 sales drop despite gains at key brands

The Maison Margiela and Diesel owner attributed the decline to weakness in the wholesale sector, as it focuses on boosting its DTC segment by opening more retail stores.

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Vogue BusinessVogue Business

OTB sales drop 3.1% in 2024

Maison Margiela and Diesel maintained growth, as did Japan and the US, but wholesale and China dragged on its performance.

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fashiondive.com broke the news in on Tuesday, February 18, 2025.
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