(Finance) – OTB, the Group headed by Renzo Rosso, through the subsidiary Staff Internationalhas acquired a majority stake in Calzaturificio Stephen, a historic Italian excellence in the production of high-end women’s and men’s footwear, and already a strategic supplier for over twenty years.
The operation – explains a note – is part of OTB’s strategy to acquire know-how and highly qualified production capacity in strategic product categories for the development of the Group’s brands.
Stefano Bertollo will continue to hold the role of CEO of the company, which currently has 70 employees and has great growth potential.