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July 22, 2008
Renzo Rosso Takes Stake In Viktor & Rolf
Diesel owner Renzo Rosso has taken a majority stake in Viktor & Rolf, saying he wants to make it a top design house. In addition to building out the Dutch designers' ready-to-wear line, Renzo hopes to rollout a series of branded boutiques as well as licensed eyewear and jewelry.
Financial details of the transaction were not disclosed.
Renzo has invested in another European design firm, Maison Martin Margiela, with success. His work with Belgium's Margiela convinced Viktor & Rolf that he was an able partner.
Posted by Blacks on July 22, 2008 09:18 AM
