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Italy’s OTB Expects To Accelerate Creation of Luxury Hub

The luxury group is looking to acquire new fashion brands, as well as production and distribution firms in order to expand its reach.
Diesel store, Dusseldorf Germany. Shutterstock.
Diesel store, Dusseldorf Germany. Shutterstock.

The pandemic opened a new chapter in terms of M&A and Italy’s OTB expects to accelerate its long-time project to create an Italian luxury hub, the chief executive of the fashion group said on Friday.

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