International fashion group OTB has announced that the acquisition of Jil Sander, announced on March 5, has been completed. The sale price remains confidential.

Jil Sander joins Diesel, Maison Margiela, and Marni under the OTB (Only The Brave) Group, chaired and founded by Italian entrepreneur Renzo Rosso. This acquisition continues OTB's expansion as one of Italy’s leading luxury hubs.

The group now controls 100 percent of the capital of Jil Sander, formerly owned by the Japanese group Onward Holding. Onward bought the Jil Sander brand for about $244 million in 2008. Last month, Onward announced in a Tokyo Stock Exchange release that the subsidiary recorded a loss of 17.8 million euros ($21.22 million) in the year through February 2020.

In a recent statement about the acquisition, Onward Holding revealed how “the global epidemic of COVID-19 infections has further worsened the business environment overseas, particularly in Europe, and has had a strong impact on the financial results of Onward Group.”

Founder Jil Sander left her namesake fashion house for good in 2013 after previously parting ways numerous times, beginning in 2003. She has since been developing a new line with Uniqlo.


We Recommend
  • 38 Japanese Clothing Brands Every Highsnobiety Reader Should Know & Where to Buy Them
    • Style
  • 11 Crisp White Tees to See You Through Spring & Summer
    • Style
  • Deion Sanders' Prime Nike Shoes Are Back Like They Never Left
    • Sneakers
  • Size Does Matter: 2024 Is Big Bags, No Bummers
    • Style
  • This Post Carries Precious Cargo (Pants)
    • Style
What To Read Next
  • NIGO's Debut Nike Collab Is Surprisingly Luxury
    • Sneakers
  • Ayo Edebiri, Fashion Super Saiyan
    • Style
  • Puma’s Y2K Cool-Kid F1 Shoe Is Coming Back
    • Sneakers
  • From Claire's to Limited Too, Tween Mall Brands Are Cool Again
    • Style
  • Salehe Bembury Made a Classic New Balance Dad Shoe Lemony Fresh
    • Sneakers
  • Nicole McLaughlin Radically Upgraded HOKA's Chunkiest Hiker
    • Sneakers
*If you submitted your e-mail address and placed an order, we may use your e-mail address to inform you regularly about similar products without prior explicit consent. You can object to the use of your e-mail address for this purpose at any time without incurring any costs other than the transmission costs according to the basic tariffs. Each newsletter contains an unsubscribe link. Alternatively, you can object to receiving the newsletter at any time by sending an e-mail to info@highsnobiety.com

Web Accessibility Statement

Titel Media GmbH (Highsnobiety), is committed to facilitating and improving the accessibility and usability of its Website, www.highsnobiety.com. Titel Media GmbH strives to ensure that its Website services and content are accessible to persons with disabilities including users of screen reader technology. To accomplish this, Titel Media GmbH tests, remediates and maintains the Website in-line with the Web Content Accessibility Guidelines (WCAG), which also bring the Website into conformance with the Americans with Disabilities Act of 1990.


Please be aware that our efforts to maintain accessibility and usability are ongoing. While we strive to make the Website as accessible as possible some issues can be encountered by different assistive technology as the range of assistive technology is wide and varied.

Contact Us

If, at any time, you have specific questions or concerns about the accessibility of any particular webpage on this Website, please contact us at accessibility@highsnobiety.com, +49 (0)30 235 908 500. If you do encounter an accessibility issue, please be sure to specify the web page and nature of the issue in your email and/or phone call, and we will make all reasonable efforts to make that page or the information contained therein accessible for you.