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Fashion billionaire Renzo Rosso, owner of Diesel, Margiela, Marni and Viktor & Rolf owner talks about luxury after coronavirus and his China strategy

Luxury fashion Italian billionaire Renzo Rosso shares his China strategy for brands such as Viktor & Rolf modelled during the 2019 spring/summer haute couture collection fashion show in Paris, in January 2019. Photo: AFP
Luxury fashion Italian billionaire Renzo Rosso shares his China strategy for brands such as Viktor & Rolf modelled during the 2019 spring/summer haute couture collection fashion show in Paris, in January 2019. Photo: AFP
Fashion

He has acquired cult fashion brands like Maison Margiela, Viktor&Rolf, Just Cavalli, Marni and Diesel through his holding company Only The Brave (OTB) Group, but what is his philosophy on investing, appointing talent and how to restore business in the post-coronavirus era?

The latest instalment in STYLE’s On Work series with luxury CEOs. This month: Renzo Rosso, founder and president of OTB Group which owns brands such as Maison Margiela, Viktor&Rolf, Just Cavalli, Marni and Diesel.

Renzo Rosso, founder and president of OTB Group. Photo: Louis Teran
Renzo Rosso, founder and president of OTB Group. Photo: Louis Teran

Work experience:

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1978: Founder of Diesel

1985-present: Owner of Diesel

2002-present: Founder and president, OTB Group

You appointed John Galliano at Maison Margiela and Francesco Risso at Marni, as well as Nicola Formichetti as the creative director for Diesel – how do you pick creative talents?

A great talent can interpret a brand’s heritage in a modern and relevant way, with a 360-degree vision that ranges from product design to retail, from marketing to interior design, and all the different expressions of the brand.

A creation by Maison Margiela during the women's spring/summer 2020 ready-to-wear collection fashion show in Paris, in September 2019. Photo: AFP
A creation by Maison Margiela during the women's spring/summer 2020 ready-to-wear collection fashion show in Paris, in September 2019. Photo: AFP