Maison Margiela, Diesel, Jil Sander & More May See up to 9 Percent Price Hikes Due to Tariffs

SummaryOTB Group, which owns Maison Margiela, Diesel, Jil Sander, Marni, and more, may increase prices by 8-9% for the group overall if new US tariffs take effect.OTB CEO Ubaldo Minelli said, "We are evaluating, brand by brand, possible actions to reduce the impact."On Monday, OTB Group commented on possible price increases across its brands if US President Donald Trump's controversial tariffs go into effect. According to Reuters, the Italian conglomerate, parent to Maison Margiela, Diesel, Jil ...