By  on March 17, 2017

MILAN — Designer brands helped lift OTB’s performance in 2016, while Diesel was dented by a repositioning.

OTB, which controls the Maison Margiela, Marni, Paula Cademartori and Viktor & Rolf  labels, as well as production arms Staff International and Brave Kid, closed 2016 with net profits up 8.5 percent to 3.8 million euros, or $4.2 million, compared with 3.5 million euros, or $3.8 million, in 2015. Revenues were in line with the previous year, totaling 1.58 billion euros, or $1.73 billion.

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