Sciuto will soak up the executive government position on the OTB-owned label subsequent month, succeeding Gianfranco Gianangeli, who “made up our minds to transport to another box,” the corporate mentioned in a observation. Remaining month, Stefano Rosso succeeded OTB Crew chairman Renzo Rosso as Maison Margiela chairman, the corporate mentioned.
Sciuto joins Maison Margiela from Giorgio Armani, the place he served as CEO of the corporate’s US department. Previous to that, he labored at LVMH-owned Fendi.
”Stefano’s new position and Gaetano’s arrival will likely be decisive in boosting the possibility of the emblem and steerage it into the following level of its enlargement,” Renzo Rosso mentioned in a observation.
Each Sciuto and Stefano Rosso will report back to OTB Crew CEO Ubaldo Minelli.
OTB does now not record efficiency for particular person manufacturers, however in the past disclosed that Maison Margiela grew 25 % to over €400 million in 2021.
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