Italian Fashion Conglomerate OTB Secures Full Control of Avant-Garde Couture House Viktor & Rolf

OTB has finalized the acquisition of Viktor & Rolf by purchasing the remaining 30 percent stake to secure full control.Founders Viktor Horsting and Rolf Snoeren will remain as creative directors for at least five years to ensure continuity for the brand.This consolidation move occurs as global fashion groups actively restructure their portfolios during a significant market downturn.
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