
OTB chairman Rosso predicts Armani breakup and sale
By Reuters Published October 22, 2025 Renzo Rosso, chairman of Italian fashion group OTB, expects the Armani business to be split up and sold to different buyers, due to a ‘complicated’ business model, with licensing contributing significantly to profits, he said on Wednesday. The Armani business includes a range of apparel and lifestyle labels The…