Leathergoods acquisition for OTB
05/05/2023
Fashion group OTB, owners of Diesel and Jil Sander, has announced the acquisition of a majority stake in Florence-based leathergoods manufacturer Frassineti.
A long term supplier to Jil Sander, the purchase is seen as a move to strengthen the commitment of “Made in Italy” supply chains and provide OTB with “technological resources and expertise in sustainable innovation”