Home >

OTB Acquired Milan Designer Brand Paula Cademartori

2016/10/28 10:52:00 74

FashionOTBDesigner

Italy

fashion

group

OTB

Milan has been bought.

Designer

Brand Paula Cademartori, the specific amount of the paction has not been announced.

Paula Cademartori is a hybrid designer of Italy and Brazil, famous for its colorful handbags, shoes and accessories.

The products she designs are produced in Italy, including Beyonc, Lady Gaga and Jessica Alba.

Brand handbags cost between 1000 and 2500 dollars.

At present, Paula Cademartori brand merchandise is sold in more than 160 retail outlets worldwide, including partners such as Harvey Nichols, MatchesFashion.com and Saks Fifth Avenue.

This investment will help Paula Cademartori expand its business scope rapidly, especially in the US and Asian markets, and open its first flagship store.

In 2014, sales of Paula Cademartori were about $2 million 200 thousand.

Renzo Rosso, founder and President of OTB, said, "the products designed by Paula are not only of high quality but also very unique.

After the completion of the acquisition, she can continue to carry out various innovative designs freely, and we will provide her with comprehensive support to jointly develop the brand. "

"This is a very important development opportunity for us.

Renzo is not only a partner for me, but also an idol that inspires me.

Paula Cademartori said.

Two weeks ago, a spokesman for OTB said that the Paula Cademartori brand was one of the potential takeover targets of OTB group.

"We will regularly look for interested brands and assess the opportunities and possibilities of acquisitions," she said.

OTB group's brands include Diesel, Maison Margiela, Marni and Viktor & Rolf.

  • Related reading

Balmain Creative Director Shares Balmain'S Future Plan

Handbag bank
|
2016/10/21 12:38:00
78

Actress'S Latest Street Pat: The Show Bags Are All Fashionable.

Handbag bank
|
2016/10/4 15:08:00
89

China's Luggage Manufacturing Enterprises Get Caught Up In The Myth Of Making Brands

Handbag bank
|
2016/10/4 11:51:00
32

Clothes Can Be Priced At The Same Price, Bags Must Be As Big As Stars.

Handbag bank
|
2016/10/3 17:01:00
68

Chain Bags Have Fallen Out Of Favor. Fashion Stars And Big Coffee Lovers Prefer It.

Handbag bank
|
2016/10/1 10:40:00
70
Read the next article

Is The Full Speed Acceleration Of The Fashion Industry Pushing Itself To An Extreme?

The contemporary designer's brand has introduced a duplicate cut or an old one, which may throw another question to the fashion sector which is now accelerating at full speed: how much time does it take to leave the customers to digest a series?