This is very, very interesting!
Renzo Rosso, the Italian industrialist behind Diesel, has acquired a majority stake in the Dutch designer firm Viktor & Rolf with ambitions to build it into one of the “top reference fashion houses of the future.â€
Financial terms were not disclosed, but Rosso told WWD he plans to make major investments to bolster the duo’s ready-to-wear business, add licensed products such as eyewear and jewelry, plus open freestanding stores in high-visibility locations.
via WWD.com Fashion news, retail news, beauty news and more from Women’s Wear Daily