Riccardo Bellini is Maison Margiela's new CEO

The OTB group told FashionNetwork that Riccardo Bellini has been appointed CEO of its Paris-based fashion label Maison Margiela. Bellini was formerly Executive Vice-President and Marketing Director at Diesel, another label belonging to Italian fashion group OTB.

Maison Margiela has chosen Riccardo Bellini as its new CEO. - archiv

Riccardo Bellini will replace Giovanni Pungetti, who was in charge of Maison Margiela for 14 years. Pungetti has now been appointed CEO of OTB's Greater China region.

The fashion label was founded by Belgian designer Martin Margiela in 1988, and in 2014 it chose John Galliano as Creative Director.

Italian fashion group OTB also owns the Diesel, Marni, Viktor & Rolf and Paula Cademartori labels, generating an annual revenue of €1.59 billion with over 7,000 employees worldwide.

Translated by Nicola Mira

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