Company Off-White Operating Srl
Country Italy
Email info@off---white.com
Telephone n.a.
Market Segment Premium
Core Business Apparel

Off-White Financial Report 2018

 

Income Statement Trend

Net Sales

It represents the brand's turnover from the sales of finished goods through all of the distribution channels - retail, wholesale and e-commerce, after the deduction of returns, allowances for damaged or missing goods and any discounts allowed.

Operating Margin

Off-White Operating Srl doesn't provide the Operating Margin figure for Off-White.

Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.

Income Statement Highlights

in Thousands of EUR20182017Δ
2018/2017
2016Δ
2017/2016
2015Δ
2016/2015
CAGR
Net Sales        
 

Off-White Operating Srl Financial Report

Income Statement Trend

Total Revenue

It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.

Operating Margin

Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.

Net Profitability

It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.

Profit Ratio

It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.

Income Statement Highlights

in Thousands of EUR20182017Δ
2018/2017
2016Δ
2017/2016
2015Δ
2016/2015
CAGR
Total Revenue        
Cost of Sales        
Gross Profit        
Operating Income        
Net Income        

Balance Sheet Highlights

in Thousands of EUR20182017Δ
2018/2017
2016Δ
2017/2016
2015Δ
2016/2015
CAGR
Current Assets        
Total Assets        
Current Liabilities        
Equity        

Official Websites

Off-White website
Off-White ecommerce

Official Social Media

Brand Description

Establishment

Year
2013
City
Milan
Country
Italy

Founder

Virgil Abloh

Designer

Profile

OFF-WHITE c/o VIRGIL ABLOH™ is a fashion label rooted in current culture at a taste-level particular to now. With a specific opinion and not necessarily same with vision seasonal men's and women's collections are offered.

There is a product offering of the brand also in the realm of furniture and ready made goods to further reinforce an approach to lifestyle.

All products are based in a concept that adapts from season to season. Manufacturing is based in Milan with a core value of the brand to be made from the best available and particular opinion regarding fabric, fit and fabrication.

The result is to be a young brand embracing the now in a sophisticated manner.

Business Strategy

Market Positioning

Premium

Core Business

Apparel

Target

Men
Women

Product Categories

Accessories
Apparel
Shoes
 

Off-White Operating Srl profile

Name Off-White Operating Srl
Website off---white.com
Country Italy
VAT Number IT08436950961
Telephone n.a.
Fax n.a.
Date of foundation n.a.
Type of Company Private

Headquarters

Via Daniele Manin 13 - 20121, Milano

Ownership (Top Shareholders)

Off-White Operating Srl doesn't provide the information on its shareholders.

Off-White Operating Srl Brands

Off-White Latest News

Off-White launches quarterly fundraising project
Virgil Abloh's eponymous brand Off-White recently launched the "I Support Young Black Businesses" (I Support Young Black Businesses) quarterly fundraising project, which will donate the proceeds from the sale of related products to selected non-profit organizations. The first batch of products are T-shirts and hoodies, and the proceeds will be donated to Chicago CRED, a Chicago credibility organization that aims to reduce gun violence. Virgil Abloh has been working with the organization since 2017.
 
Nike replaces Off-White as the world's most popular fashion brand in the second quarter
According to the list of the world’s most popular fashion brands and items in the second quarter of 2020 released by Lyst, a fashion search engine invested by LVMH, Nike ranks first, becoming the first non-luxury brand ever to top the list. Off-White, who has continued to top the list, ranked second, and Gucci rose one place to third. In terms of products, the most popular product for women is Birkenstock double strap sandals, and the most popular product for men is the Off-White double arrow mask. Lyst concluded that the impact of the epidemic has always been significant, and consumers have begun to pursue comfortable and neutral items.
 
Off white founder Virgil Abloh collaborates with Mercedes-Benz
Virgil Abloh, the founder of Off-White and the creative director of Louis Vuitton menswear, will cooperate with Mercedes-Benz on a project called "Geländewagen", and the latter's CEO Gorden Wagener will design a fusion based on the Mercedes-Benz G-Class. The cooperation plans to hold an online global launch event on September 8. Both parties will make a small copy of the cooperative product and auction it. All income will be donated to charities that support the arts.
 
Off-white principal Virgil Abloh Raises $1M Scholarship Fund for Black Students
Virgil Abloh said on Thursday he has raised $1 million for a scholarship fund for Black fashion students.
The founder of luxury streetwear label Off-White and artistic director of men’s wear at Louis Vuitton has entered a long-term partnership with the Fashion Scholarship Fund to launch the Virgil Abloh “Post Modern” Scholarship Fund, which is endowed with a personal donation from the designer and matching funds from his partners Evian, Farfetch, Louis Vuitton and New Guards Group.
The sum will provide scholarships to between 100 and 200 students of academic promise of Black, African American, or African descent.
 
Off-White, Balenciaga and Nike become the world's most popular fashion brands in the first quarter
Lyst, a fashion search engine invested by LVMH, announced a list of the world's most popular fashion brands and single products for the first quarter of 2020, with Off-White, Balenciaga and Nike ranking the top three.  It is worth noting that this is already Off-White's top three consecutive quarters.  The topic of Balenciaga heated up during Paris Fashion Week in March this year, and Nike is the brand with the largest increase. Affected by the epidemic, consumer demand for sports products has soared.
 
Off-White masks are overpriced and removed by Farfetch
British luxury e-commerce company Farfetch recently announced that due to the high price of Off-White masks, most of them are more than US$500, some even as high as US$1,000. After their launch, they have caused widespread controversy on social media and the platform will remove related products. Farfetch emphasized that the platform will not interfere with the price set by the brand, but will take certain actions under special circumstances where consumers are disadvantaged.
 
Off-White applied for a registered trademark for the product bag logo on its packaging
According to The Fashion Law, the trendy brand Off-White has applied for the registration of a large number of trademarks with the United States Patent and Trademark Office since last year, including the "Product Bag" mark on the packaging and the double-quotation mark widely existing on the product. However, the U.S. Patent and Trademark Office subsequently rejected Off-White’s application for a registered trademark of the "Product Bag" mark because the mark is only a description of the packaging, and cannot indicate that the product comes from Off-White, nor can it be used as an identification with other brand products. And distinguish.

Its double-quoted trademark application was also objected by lawyers from the United States Patent and Trademark Office, who believed that the trademark did not have the proper function of a trademark, nor could it indicate the origin of the brand, which was insufficient to distinguish it from other brands. Off-White’s lawyers recently responded that the double quotation mark created a unique commercial impression for the brand and was an effective brand identification, so it should be allowed to be registered as a trademark
 
Off-White behind the scenes has completed the acquisition of the Japanese brand Ambush
The New Guards Group, behind Off-White and Heron Preston, has completed the acquisition of a majority stake in the Japanese brand Ambush, which was established in 2008 and developed into a jewelry and clothing brand in 2016. It is now composed of Japanese designers Yoon Ahn and Hip Hop. Singer Verbal co-director. The New Guards Group stated that it will vigorously develop the brand's jewelry development potential and transfer most of its garment manufacturing operations to Italy. (Source: BoF Fashion Business Review)

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