• OTB Resets to Grow

    6 days ago - By WWD

    MILAN - In the words of OTB chief executive officer Ubaldo Minelli, 2018 was one of “voluntary resetting,” but there could me some M&A activity ahead.
    While the Italian company is going through a reorganization, which includes Diesel USA filing for Chapter 11, Minelli said “specific measures taken to create the right conditions for a sustainable development of our business. OTB has a clear vision of its long-term objectives, a strategy focused on achieving them, and an important investment plan to accelerate the growth of the brands currently in our portfolio. Our net equity and current...
    Read more ...

     

  • The Sage of Seventh Avenue: Bud Konheim in His Own Words Through the Years

    6 days ago - By WWD

    “See what Bud says” was a common refrain for many in the fashion industry, who valued the late Bud Konheim's cutting and comical view of business. Never one to mince words, the chief executive officer of Nicole Miller Inc. got straight to the chase. Always making the time to call or to keep a lunch appointment, Konheim was determined to stay connected with what was happening but more importantly with what he envisioned may be ahead.
    “What are other people telling you?” he would often ask, before answering his own question sardonically. “Let me guess: Their business is just...
    Read more ...

     

  • Bud Konheim, Nicole Miller's Chief Executive Officer, Dies at 84 After Biking Fall

    6 days ago - By WWD

    Nicole Miller's longtime business partner Bud Konheim died Saturday, after injuries sustained from a bicycle accident in Connecticut.
    Konheim, chief executive officer of Nicole Miller Inc, died at the age of 84 at Norwalk Hospital in Norwalk, Conn., Saturday. The cause of death was not immediately known, Miller said.
    Services will be held Friday at the Frank E. Campbell Funeral Chapel in New York City.
    Konheim and Miller have been one of the fashion industry's longest-standing power couples, having worked together for more than 40 years. “He always said, ‘I've never had a bad day.' He...
    Read more ...