Diesel news and archive

Fossil Group posts Q3 sales decline despite ongoing turnaround efforts

Fossil Group, Inc. reported fiscal third-quarter 2025 results that reflect continued progress in its multi-year turnaround, alongside a major balance sheet milestone that executives say positions the company for long-term profitable growth. CEO Franco Fogliato highlighted the completion of a comprehensive refinancing this week, calling it a “...

Fashion

Diesel and Karol G announce 'Tropicoqueta' capsule collection

Diesel's creative director, Glenn Martens, has collaborated with Karol G on a capsule collection inspired by her latest album. The collection embodies the bold, versatile and trend-setting personal style of the Colombian musician, Diesel announced on Wednesday. The collaboration is inspired by her new album, 'Tropicoqueta', which was released in...

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Business

Diesel celebrates 20 years in China, OTB opens new headquarters in Shanghai

Italian brand Diesel arrived in China 20 years ago. Last Thursday, it celebrated this anniversary by opening a new headquarters for its parent company, OTB SpA, in Shanghai and with a lecture by founder Renzo Rosso at Donghua University. These initiatives highlight the importance of the Chinese market for OTB. The group currently employs 900...

Featured

Fashion

Glenn Martens gives H&M bestsellers a new twist

Around a year ago, H&M announced its collaboration with Glenn Martens. Now, the Swedish fashion retailer and the Belgian designer are offering a first glimpse into the upcoming collection. “I firmly believe this is one of the most creative collaborations we have ever done,” said Ann-Sofie Johansson, creative advisor at H&M. “Glenn is a true...

People

Is Diesel getting a new CEO?

It appears the denim brand Diesel has found a new CEO. Andrea Rigogliosi is set to take over as CEO at Diesel early next year, once his non-compete clause expires. This was reported by industry publication Miss Tweed, citing industry sources. He would be the first CEO at the brand, which is part of the Italian fashion group OTB Group, since the...

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Business

OTB Group expands in Mexico

As part of its strategy to strengthen its presence in North America, OTB Group will begin expanding its presence in Mexico. According to OTB, this expansion responds to the strategy of investments in direct channels, which allow the group to expand its retail business. This applies to both markets where it already has a presence and new...

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Business

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...

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Business

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...

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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

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Business

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...

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Business

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...