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Only The Brave, S.p.A., commonly known as OTB Group, is an Italian holding
multinational corporation A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, i ...
specializing in
luxury goods In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a greater proportion of overall spending. Luxury goods are in contrast to n ...
, headquartered in
Breganze Breganze is a town in the province of Vicenza, Veneto, Italy. It is northeast of Via Romea. During World War II, the Germans were on one side of the river and the Allies were on the other, and a firefight occurred across the river. Breganze DOC T ...
. The company was founded in 2002 by
Renzo Rosso Renzo Rosso (born September 15, 1955) is an Italian fashion entrepreneur and businessman. He is the founder of Diesel (brand), Diesel and the president of OTB Group, the parent company of Maison Margiela, Marni (fashion house), Marni, Viktor & Ro ...
as a
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
for
Diesel Diesel may refer to: * Diesel engine, an internal combustion engine where ignition is caused by compression * Diesel fuel, a liquid fuel used in diesel engines * Diesel locomotive, a railway locomotive in which the prime mover is a diesel engin ...
and future acquisitions of fashion houses. OTB Group is the parent company of a number of brands, including
Diesel Diesel may refer to: * Diesel engine, an internal combustion engine where ignition is caused by compression * Diesel fuel, a liquid fuel used in diesel engines * Diesel locomotive, a railway locomotive in which the prime mover is a diesel engin ...
,
Maison Margiela Maison Margiela, formerly ''Maison Martin Margiela'', is a French luxury fashion house founded by Belgian designer Martin Margiela andJenny Meirensin 1988 and headquartered in Paris. The house produces both haute couture-inspired artisanal collec ...
,
Marni The name Marni originates from several languages, including Hebrew, meaning "rejoice", and Latin as a variant of " Marina", meaning "of the sea". It also has derivations from Gaelic and Swahili. "Marni" and "Marnie" are the two most common spell ...
,
Jil Sander Heidemarie Jiline "Jil" Sander (; b. 27 November 1943) is a German minimalist fashion designer and the founder of the Jil Sander fashion house. Early life and education Heidemarie Jiline Sander was born in Wesselburen, Nazi Germany on 27 Novemb ...
, and
Viktor & Rolf Viktor & Rolf is a Dutch avant-garde luxury fashion house founded in 1993 by Viktor Horsting (born 1969, Geldrop) and Rolf Snoeren (born 1969, Dongen). For more than twenty years, Viktor & Rolf have sought to challenge preconceptions of fashion an ...
. The company recorded an annual revenue of €1.53 billion in 2021. Ubaldo Minelli has been CEO of the company since 2017.


History

After acquiring complete control of
Diesel Diesel may refer to: * Diesel engine, an internal combustion engine where ignition is caused by compression * Diesel fuel, a liquid fuel used in diesel engines * Diesel locomotive, a railway locomotive in which the prime mover is a diesel engin ...
in 1985, OTB's founder
Renzo Rosso Renzo Rosso (born September 15, 1955) is an Italian fashion entrepreneur and businessman. He is the founder of Diesel (brand), Diesel and the president of OTB Group, the parent company of Maison Margiela, Marni (fashion house), Marni, Viktor & Ro ...
continued to grow his portfolio through the acquisition of Staff International, a fashion production, logistics, and marketing company, in October 2000. In 2002, OTB Group was founded as a
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
to invest in fashion designers and companies that lacked financial stability, but produced designs deemed creative and promising by Rosso. Then, the company acquired French luxury fashion house
Maison Margiela Maison Margiela, formerly ''Maison Martin Margiela'', is a French luxury fashion house founded by Belgian designer Martin Margiela andJenny Meirensin 1988 and headquartered in Paris. The house produces both haute couture-inspired artisanal collec ...
in 2002 and Dutch luxury fashion house
Viktor & Rolf Viktor & Rolf is a Dutch avant-garde luxury fashion house founded in 1993 by Viktor Horsting (born 1969, Geldrop) and Rolf Snoeren (born 1969, Dongen). For more than twenty years, Viktor & Rolf have sought to challenge preconceptions of fashion an ...
in 2008. In 2011, Brave Kid was founded as a subsidiary of OTB Group that specializes in the product development, production, and distribution of licensed premium children's clothing and accessories. Brave Kid holds license agreements with
Diesel Diesel may refer to: * Diesel engine, an internal combustion engine where ignition is caused by compression * Diesel fuel, a liquid fuel used in diesel engines * Diesel locomotive, a railway locomotive in which the prime mover is a diesel engin ...
,
John Galliano John Charles Galliano (born 28 November 1960) is a British fashion designer from Gibraltar. He was the creative director of his eponymous label John Galliano and French fashion houses Givenchy and Dior. Since 2014, Galliano has been the creat ...
,
Dsquared² Dean and Dan Caten (né Catenacci; born December 19, 1964) are Canadian fashion designers, radio personalities, and businessmen. They are identical twin brothers and the founders and owners of Dsquared², an Italian luxury fashion house based in ...
,
Marni The name Marni originates from several languages, including Hebrew, meaning "rejoice", and Latin as a variant of " Marina", meaning "of the sea". It also has derivations from Gaelic and Swahili. "Marni" and "Marnie" are the two most common spell ...
, N21 and
Trussardi Trussardi is an Italian luxury fashion house based in Milan, Italy, and specialized in leather goods, ready-to-wear, perfumes, and accessories. Trussardi was founded in 1911 as a leather glove manufacturer, and expanded its line to additional ...
. Italian luxury fashion house
Marni The name Marni originates from several languages, including Hebrew, meaning "rejoice", and Latin as a variant of " Marina", meaning "of the sea". It also has derivations from Gaelic and Swahili. "Marni" and "Marnie" are the two most common spell ...
was acquired in 2012, followed by Amiri in 2019 and
Jil Sander Heidemarie Jiline "Jil" Sander (; b. 27 November 1943) is a German minimalist fashion designer and the founder of the Jil Sander fashion house. Early life and education Heidemarie Jiline Sander was born in Wesselburen, Nazi Germany on 27 Novemb ...
in 2021.


Subsidiaries

A list of OTB Group's wholly or partially owned brands and
subsidiaries A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a sa ...
. * AMIRI * Brave Kid *
Diesel Diesel may refer to: * Diesel engine, an internal combustion engine where ignition is caused by compression * Diesel fuel, a liquid fuel used in diesel engines * Diesel locomotive, a railway locomotive in which the prime mover is a diesel engin ...
*
Jil Sander Heidemarie Jiline "Jil" Sander (; b. 27 November 1943) is a German minimalist fashion designer and the founder of the Jil Sander fashion house. Early life and education Heidemarie Jiline Sander was born in Wesselburen, Nazi Germany on 27 Novemb ...
*
Maison Margiela Maison Margiela, formerly ''Maison Martin Margiela'', is a French luxury fashion house founded by Belgian designer Martin Margiela andJenny Meirensin 1988 and headquartered in Paris. The house produces both haute couture-inspired artisanal collec ...
*
Marni The name Marni originates from several languages, including Hebrew, meaning "rejoice", and Latin as a variant of " Marina", meaning "of the sea". It also has derivations from Gaelic and Swahili. "Marni" and "Marnie" are the two most common spell ...
* Staff International *
Viktor & Rolf Viktor & Rolf is a Dutch avant-garde luxury fashion house founded in 1993 by Viktor Horsting (born 1969, Geldrop) and Rolf Snoeren (born 1969, Dongen). For more than twenty years, Viktor & Rolf have sought to challenge preconceptions of fashion an ...


Philanthropy


OTB Foundation

OTB Foundation is a
not-for-profit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...
organization founded in 2008 to contribute to the sustainable development of less advantaged areas. In 2009, Rosso, together with
Millennium Promise Millennium Promise, or The Millennium Promise Alliance, Inc., is a non-profit organization incorporated under the laws of the State of Delaware, dedicated to ending extreme poverty within our lifetime. Its flagship initiative is the Millennium Vil ...
, started supporting the development of the Only The Brave Millennium Village, in
Dioro, Mali Dioro is a town and rural commune in the Cercle of Ségou in the Ségou Region of southern-central Mali. The commune extends over an area of approximately 586 square kilometers on the right bank of the Niger River and includes the town and 29 of ...
. Established in 2005, Millennium Promise non-profit organization solely committed to supporting the achievement of the Millennium Development Goals to halve extreme poverty by 2015. In February 2012, Rosso was invited by the Permanent Mission of
Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical re ...
to the United Nations to host a press conference at The United Nations together with Jeffrey Sachs, Director of The The Earth Institute, Earth Institute at Columbia University and Special Advisor to The United Nations' Secretary-General
Ban Ki-moon Ban Ki-moon (; ; born 13 June 1944) is a South Korean politician and diplomat who served as the eighth secretary-general of the United Nations between 2007 and 2016. Prior to his appointment as secretary-general, Ban was his country's Minister ...
, about the progress of Millennium Promise and OTB Foundation. The Brave Circle Fund was created in 2012 to help people hit by the 2012 earthquakes in
Emilia-Romagna egl, Emigliàn (man) egl, Emiglièna (woman) rgn, Rumagnòl (man) rgn, Rumagnòla (woman) it, Emiliano (man) it, Emiliana (woman) or it, Romagnolo (man) it, Romagnola (woman) , population_note = , population_blank1_title ...
,
Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical re ...
. A personal endowment of 5 million euros was dedicated to setting up a micro-credit program for local people and small and medium enterprises who need help in reconstructing homes and businesses, but who normally would not have access to the traditional banking system because of their lack of guarantees. At launch, Rosso said the aim was to fund "700–800 projects with €5,000–50,000 each." In June 2008, Rosso donated HK$2,000,000 (or US$250,000) to the Special Relief Fund established by
UNICEF UNICEF (), originally called the United Nations International Children's Emergency Fund in full, now officially United Nations Children's Fund, is an agency of the United Nations responsible for providing Humanitarianism, humanitarian and Devel ...
for children affected by the 2008 Sichuan earthquake.


References

{{reflist OTB Group Clothing companies of Italy Italian companies established in 2002 Multinational companies headquartered in Italy