Dsquared2 has ended its licensing cope with Employees Worldwide, the distribution division of Margiela-owner OTB Group, forward of the settlement’s expiration date in 2027.
Employees Worldwide has filed a lawsuit within the Court docket of Milan towards the label’s twin designers, Dean and Dan Caten, to halt the transfer. Dsquared2 first signed an settlement with Employees Worldwide in 2000, and the model renewed the deal in 2010 for one more 17 years.
In a press release, the model mentioned, “Dsquared2 Group pronounces the fast termination of its licensing settlement with Employees Worldwide S.p.A. Consequently, the group will assume direct management over the manufacturing and distribution of its ready-to-wear collections. This transition takes impact instantly and can start with the upcoming pre-collection spring-summer 2026 gross sales marketing campaign.”
Dsquared2 didn’t share the explanation behind its determination to terminate the settlement.
Employees Worldwide, in the meantime, “reiterates its conviction that the licence settlement is totally efficient and confirms its intention to totally execute it till its pure expiry. The corporate firmly rejects any risk of early termination of the contractual relationship, and believes that authorized circumstances for early termination don’t exist.”
The corporate acknowledged that it “will proceed to behave with the utmost transparency and dedication to guard its rights, honor its contractual commitments and safeguard its repute, and reserves the best to take any additional motion.”
