Renzo Rosso expands retail of Diesel Black Gold and plans new acquisition
Diesel’s premium Black Gold line has recently shown, for the second time, at Milan’s fashion week. Diesel’s owner, Renzo Rosso has recently spoken to FashionMag.com about his plans to open new flagship stores dedicated exclusively to the Black Gold line. After the recently opened New York flagship store for Diesel Black Gold
Rosso announces plans for similar flagship stores in Tokyo and Paris. Diesel is part of Renzo Rosso’s holding company Only The Brave (OTB) which registered a turnover of 1,35 billion euros, with the Black Gold line registering a double digit growth. Rosso also highlighted the exceptional development of women’s wear and his company’s focus to develop further in the US and Canada, to the detriment of Europe, which he believes is not suitable for investments due to the current economic crisis.