Diesel news and archive

OTB reports slight turnover decrease despite direct channel growth

Italian fashion group OTB reported a turnover of 1.8 billion euros, down 4.4 percent for the 2024 financial year, with net sales reaching 1.7 billion euros, down 3.1 percent. The company achieved an EBITDA of 276 million euros, representing a 16.3 percent return on net sales and EBIT was 44 million euros. Direct channels experienced a 7.4...

BusinessMember

Diesel joins King Charles' Fashion Task Force

OTB Group’s Diesel has joined the Fashion Task Force, a project under the wing of the Sustainable Markets Initiative (SMI), founded by His Majesty King Charles III. HModa, a group of Italian luxury clothing manufacturers, has also joined the project. In a release, Federico Marchetti, chair of the Fashion Task Force, said it was a “great pleasure...

Fashion

Diesel and Savage x Fenty bring underwear to the forefront in first collaboration

Diesel and Savage x Fenty have unveiled their first collaboration with the launch of a lingerie and apparel collection. Glenn Martens, creative director of the Italian fashion house Diesel, and Rihanna, the visionary force behind the US lingerie brand Savage x Fenty, shared in a press release that the partnership stemmed from "a shared...

Video

Video: Diesel SS25

Watch Diesel’s runway show at Milan Fashion Week showcasing their SS25 collection. Promotion Read more about Diesel on their brandpage

BusinessMember

CNMI reveals winners of Sustainable Fashion Awards 2024

The Camera Nazionale della Moda Italiana (CNMI) hosted its annual Sustainable Fashion Awards ceremony last night at Italy’s Teatro alla Scala, where 10 awards were presented to recipients recognised for their commitment to craftsmanship, the circular economy and innovation, among other qualities. The event, which was hosted in collaboration with...

BusinessMember

EssilorLuxottica to launch first Diesel eyewear collection in 2025

EssilorLuxottica and Diesel have signed a licence agreement for the design, manufacture, and worldwide distribution of Diesel eyewear. The company said in a release that the agreement will be effective immediately until December 31, 2029, with an automatic renewal option of an additional five years. The first collection under the agreement will...

BusinessFeaturedMember

OTB turnover increases by 7.2 percent, expands retail footprint

OTB reported a turnover of 1.9 billion euros, up 10.2 percent at constant exchange rates and 7.2 percent at current exchange rates for the year to December 31, 2023. Net sales for the year reached 1.8 billion euros, an increase from 2022 of 12.4 percent at constant exchange rates and 9.1 percent at current exchange. The company that controls the...

Fashion

Diesel teams up with denim competitor Lee

Italian fashion brand Diesel has unveiled a collaboration with denim competitor Lee as part of its Diesel Loves programme that aims to bring brands together to share creative and manufacturing resources to find impactful solutions. Diesel Loves, envisioned by creative director Glenn Martens, aims to challenge the industry standard of brand...

People

Pascal Conte-Jodra appointed CEO at Y/Project

Avant-garde fashion label Y/Project announced the appointment of Pascal Conte-Jodra as its new Chief Executive Officer. Mr Conte-Jodra is expected to lead the brand into a new era, collaborating with creative director Glenn Martens to embark on an ambitious growth plan. Mr Conte-Jodra will seek to raise brand awareness, build greater...

Video

Video: Diesel SS24

In this video you can see Diesel’s SS24 collection presented at Milan Fashion Week. FF Channel via Youtube Promotion Read more about Diesel on their brandpage

BusinessMember

Diesel awarded 11.8 million dollars in damages in trademark dispute

The Italian brand Diesel has been awarded 11.8 million dollars in damages in a lawsuit against the Diesel Power Gear brand founded by reality stars Dave Sparks and Dave Kiley. Diesel confirmed this on Monday at the request of FashionUnited. FashionLaw had previously reported on the trademark dispute of the label, which belongs to the OTB Group....

BusinessFeaturedMember

Ralph Lauren, Diesel and Hugo Boss face Canadian watchdog investigation for forced labour claims

A number of fashion and apparel companies are facing investigations by a Canadian watchdog in regards to complaints alleging there was evidence of forced labour in their production. The Canadian Ombudsperson for Responsible Enterprise (CORE) published its initial reports for each of the companies in question, responding to a series of complaints...