Only The Brave reaffirms its long-term commitment to China with three initiatives that underscore the importance of the Chinese market for the international fashion and luxury group, which brings together the brands Diesel, Jil Sander, Maison Margiela, Marni, Viktor&Rolf, and the companies Staff International and Brave Kid, and holds a stake in the Amiri brand. In addition, founder Renzo Rosso says he will invest further in China.
Renzo Rosso in Shanghai for Diesel’s 20 years in China – OTB
The first initiative is the official opening of its new APAC headquarters in Shanghai, a region where OTB now has 900 employees and around 100 stores, spread across China, Hong Kong, and Macao. Attending the inauguration ceremony, alongside the group’s founder, Renzo Rosso, were the Consul General of Italy in Shanghai Tiziana D’Angelo and Shanghai’s Jing’an District authorities.
The new headquarters boasts double the space of its previous address and is located in the Lee Gardens building. Nestled in the heart of the city’s Jing’an District, it overlooks the scenic Suzhou Creek. According to a statement, the location and expansion of the offices reflect the group’s desire to strengthen its roots in China, as well as to offer the team increasingly modern and functional workspaces and to consolidate relationships with local partners.
The second initiative during Renzo Rosso’s visit to China was a talk for students at Donghua University, one of Asia’s most prestigious design and fashion universities, organised under the patronage of the Consulate General of Italy, Camera Nazionale della Moda Italiana, Altagamma, the Italian Trade Agency, and the Italian Cultural Institute.
A moment from Rosso’s lecture at Donghua University – OTB
Third initiative: as 2025 marks the 20th anniversary of Diesel’s presence in China, where the brand has built a recognisable and coherent presence, an event was organised at the Fosun Foundation in Shanghai. The highlight of the event was the launch of a capsule collection titled “Diesel China 20th Anniversary”, designed by Creative Director Glenn Martens.
“China is a country with a unique energy; every time I come back here I am fascinated by its pace, creativity and speed,” said Renzo Rosso. “For our group, China is not only a strategic market, but an inexhaustible source of inspiration. Over the past two decades, we have expanded the presence of our brands and built an authentic dialogue with new generations who share the values of our brands. Our philosophy is to collaborate with local communities to merge brand know-how with the local mindset. The opening of the new Shanghai headquarters, meeting with young talent at Donghua University, and the celebrations of Diesel’s 20th anniversary represent a special moment for me and for the OTB Group […] We will continue to invest in China in the future.”
Shortly before the evening event in Shanghai, Rosso told Reuters that these investments in China will be made by his group despite the decline in the local market, and will take the form of a reorganisation of OTB’s retail presence. The entrepreneur revealed that some stores will be closed, but others will be opened in new and better locations.
Rosso with staff at OTB Group’s new APAC headquarters in Shanghai – OTB
“I am optimistic. I think that if the Chinese market continues to proceed in this way, it could represent an opportunity, because we will be able to have better spaces at better prices, which wasn’t the case before,” Rosso told Reuters. “My current vision is to invest in the country. I believe in China; it’s so big, so important. We are doing well this year compared to the market,” he added. “Everyone is in decline; we have some growth, so we are quite satisfied.”
Over the years, the Veneto-based group has supported numerous initiatives and collaborations in China that have connected the creativity and values of its brands with designers, artists and local communities. Notable among these are the “Marni Miao” project, which celebrated the elegance and complexity of embroidery by reinterpreting the codes of the Miao minority through a contemporary lens, as well as the various capsule collections that Diesel has created in collaboration with Chinese designers such as Xander Zhou and Pronounce and celebrities such as William Chan and Chris Lee, along with events and music tours with local artists.
In addition, Maison Margiela has brought its experimental vision into dialogue with the country’s contemporary art and culture through new retail formats, pop-ups, installations and initiatives in different cities, while MM6 Maison Margiela has collaborated with designer Chen Peng.
Renzo Rosso – OTB
In addition, OTB has long supported the new generation of Chinese talent. Renzo Rosso has in fact served on the jury of the BoF China Prize in 2019 and supported the launch of the Yu Prize competition, providing mentorship and coaching to support and develop the country’s young designers.
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Puma must fill a key role in the sports company’s global communications as Kerstin Neuber is leaving the Herzogenaurach-based business after a total of 18 years. She most recently served as senior director corporate communications. According to Puma, Robert-Jan Bartunek (team head corporate communications) will assume her duties on an interim basis until a successor is appointed.
Kerstin Neuber is leaving of her own accord to pursue new professional challenges. – PUMA
Neuber is departing of her own accord to pursue new professional challenges. The company thanks her for “her great commitment and significant contribution in recent years.”
Puma said that Kerstin Neuber has played a key role in shaping its corporate communications. Among other responsibilities, she oversaw the strategic development and implementation of communications initiatives, served as corporate spokesperson, and led crisis and reputation management. She also coordinated the company’s international corporate PR activities and advised the Executive Board, management, and subsidiaries on strategic matters.
“We would like to express our sincere gratitude to Kerstin for her dedication, expertise and leadership,” said CEO Arne Freundt. “With her strategic approach and deep understanding of communications, she has helped to strengthen the company’s reputation and public presence. We wish her every success in her future endeavours.”
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On the face of it, around a third of UK consumers planning to spend more this Christmas can only be positive, right? Alas, many are blaming higher prices for the decision, according to new Deloitte research.
Image: Pixabay
If it’s any consolation, this is higher than the rest of Europe, where just 23% plan to spend more. And at least in the UK, consumers aged 18-34 are nearly twice as likely to spend more this Christmas compared with older age groups while almost half (44%) agree they have enough money “to create a joyful Christmas for themselves and their family this year”.
And while a third of those spending more are blaming higher prices, 23% say it’s a deliberate choice to allocate more budget to Christmas while 20% say they’re spending more because their financial situation has improved.
On the downside, 18% of UK consumers plan to spend less this Christmas compared with last year with around half (48%) blaming the cost of living, while 37% say it is because their financial situation has worsened.
Unfortunately, when asked about what they will cut back on if budgets becomes too constrained, the top things consumers stated were “experiences (restaurants or attending events)… and clothing. At least fewer are likely to cut back on gift vouchers, it noted.
Cande Cooper, retail partner at Deloitte UK, said: “While there is a strong desire among many UK consumers to create and spread joy this Christmas, shoppers are demonstrating a pragmatic approach, carefully balancing their budgets with their festive aspirations.
“High costs continue to squeeze many consumers’ spend, and so retailers will look to target consumers with promotions, whilst also catering to those looking for quality products and shopping experiences. Retailers should also take note of evolving consumer behaviours, particularly the increasing influence and adoption of GenAI in the shopping process.”
Lingerie brand Triumph is accelerating its commitment to product transparency with the wider-scale rollout of its Digital Product Passport (DPP).
Triumph
Following its pilot launch last year, Triumph is continuing to expand the initiative with 20% of its European product assortment now featuring a DPP, with plans to extend this further across additional collections in the coming years.
Highlighting detailed information on sourcing, fabrics, supply chain, certifications and factory partners, the DPP offers customers a transparent view into the production of each garment.
Customers can follow an integrated link to explore the full journey of their chosen product, from fabric specifications to the factories where each component is produced.
Vera Galarza, Triumph’s Global head of Sustainability, said: “A bra is a complex product. From different lace colours sourced across multiple countries to the intricate design elements, every component requires thoughtful consideration. The Digital Product Passport empowers consumers to understand the full journey behind their purchase. We continue to find new ways to increase awareness of product provenance, and the expansion of this programme is a crucial step toward responsible and transparent practices across our supply chain.
“This continued expansion aligns with Triumph’s longstanding values: creating high-quality products that stand against fashion-fashion culture. By equipping customers with greater information and visibility, Triumph encourages more mindful consumption and strengthens the emotional connection consumers have with their lingerie.”