Positive results for Renzo Rosso’s Only The Brave
Renzo Rosso, whose group, Only the Brave, owns the Diesel and Maison Martin Margiella brand and produces in licensing Vivienne Westwood, Viktor & Rolf, DSquared2, Marc Jacobs reports a consolidated 1,36 billion euros for its group in 2011, a 3,2% increase on 2010. Rosso’s Group also registered a net profit 52,3 million euros, an increase of 35,1% compared to 2010. Only The Brave Group made investments of 41 million euros, especially in retail expansion, top priority countries being Russia, China and Brazil. The group now operates directly 375 stores worldwide, 40 more stores being added in 2010.