Jil Sander news and archive

Current Jil Sander CEO to join K-Way

Luca Lo Curzio, the current chief executive officer of Jil Sander, has been appointed to the helm of K-Way, a position he will take up following the closing of Permira Funds’ strategic investment in the sportswear brand, expected to be complete in Q1 2025. Lo Curzio was described by the French brand’s joint owners, BasicNet SpA and Permira, as...

Fashion

Jil Sander launches charity T-shirt to support children in need

Milan-based fashion label Jil Sander has announced a partnership with the OTB Foundation, the non-profit organisation of the OTB Group, to support youth projects around the world. The limited-edition T-shirt, which features a heart motif and “for the children of the world” message on the back and Jil Sander branding on the front, will raise...

People

Jil Sander CEO reportedly stepping down

Luca Lo Curzio is believed to be stepping down from his role as chief executive officer of Jil Sander. This is according to market sources cited by WWD. The media outlet did not disclose a reason for the alleged departure. If it is the case, it would bring to an end a short tenure at the luxury fashion house for Lo Curzio, who was only appointed...

Fashion |Opinion Featured

The founder's dilemma: evolving luxury brands beyond their creators

The luxury fashion landscape is in constant flux, with the departure of founding designers presenting a formidable challenge, particularly for younger brands. As Tom Ford navigates a pivotal transition following Peter Hawkings' brief tenure as creative director, it joins the ranks of houses like Helmut Lang, Martin Margiela and Jil Sander in...

Business

OTB's Maison Margiela, Marni and Jil Sander to be digitally certified

Italy's OTB Group is to provide products from the Maison Margiela, Marni and Jil Sander brands with a digital authentication certificate, which are to be introduced from each of the brands' AW24 collections. Using blockchain technology and an NFC chip in each garment or accessory, the products will be verifiable as genuine branded products. The...

Business

OTB Group acquires stake in leathergoods manufacturer

Italian fashion group OTB has acquired a majority stake in Frassineti, a Florence-based leather goods manufacturer. Frassineti has been a long-term supplier of Jil Sander, one of OTB's star portfolio brands. This acquisition is part of a growing trend among luxury groups to invest in their supply chain and maintain valuable skills and ensure...

BusinessFeatured

Jil Sander names Luca Lo Curzio as CEO

Luxury fashion house Jil Sander has announced the appointment of Luca Lo Curzio as the brand’s new chief executive officer, effective from June 1, 2023. On joining, Lo Curzio will report directly to the CEO of Jil Sander’s parent company OTB Group, Ubaldo Minelli, who had previously held the position of the brand’s head after it was acquired by...

BusinessFeatured

Jil Sander, Marni and Maison Margiela drive OTB's turnover

Italian luxury group OTB said its luxury portfolio of brands, which includes Jil Sander, Maison Margiela, Marni, and Viktor and Rolf, were key growth drivers in achieving revenue of 1.74 billion euros in 2022. Sales of luxury increased 32 percent, according to OTB's latest filings. Marni sales increased 29 percent compared to 2021, having...

Business

Coty renews Jil Sander partnership with plan to move into ultra-premium segment

Beauty conglomerate Coty has announced the renewal of its licensing agreement with Jil Sander, extending the duo’s long-running partnership. Next to the development of a 10-year strategic project which aims to strengthen the existing business, the deal will also see the Jil Sander brand step into the global ultra-premium fragrances’ segment for...

BusinessFeatured

Brands take to Milan with a younger consumer focus and a mission to democratise fashion

Against the backdrop of Italy's tense general election, Milan Fashion Week took place boasting a packed schedule of big name designers that took to the runways in dramatic flair, likely in an attempt to alleviate the strained disposition throughout the country and worldwide. Among the shows and presentations, a number of high-fashion brands...

Fashion

Jil Sander to return to co-ed catwalk format for September fashion week

Jil Sander will present its spring summer 2023 collections in a co-ed men's and women's catwalk presentation in September. The OTB-owned brand confirmed the news to WWD. Jil Sander first moved to a co-ed approach in 2017 but in a bid to shine a separate light on its menswear it opted for different calendars and shows. Jil Sander’s co-creative...

Business

OTB group turnover and profit jump

OTB turnover for the year to December 31, 2021 reached 1,530 million euros, up 16.2 percent from 2020 and in line with 2019. Net sales were 1,456 million euros, an increase of 18 percent from 2020 driven by the luxury business Marni, Maison Margiela, Jil Sander and Viktor&Rolf. The company’s EBITDA was 354 million euros for a 24.3 percent return...